InvestorsHub Logo
Followers 3
Posts 111
Boards Moderated 0
Alias Born 12/16/2008

Re: strikehold post# 5664

Friday, 01/09/2009 1:23:03 PM

Friday, January 09, 2009 1:23:03 PM

Post# of 14062
strikehold, the possibility exists that they could sell the certificates at a premium, given the current gold price, and therefore generate more money. the counterpoint is the potential discount associated with the ability of aoag to deliver the gold later on.

the point is, they don't have to sell the certificates at par or face value.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.