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cc1970

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cc1970

Re: locksflooring post# 112940

Wednesday, 04/14/2010 2:16:31 PM

Wednesday, April 14, 2010 2:16:31 PM

Post# of 221875
Of course there is a strike price, but I think the calculation of the sell price is a little more complex than multiplying "X" amount of gold by the strike. Either way, the price of gold is irrelevant. Re-read my post. I am making a point of saying that WITH ONLY TWO WEEKS TO GO, if the price is not finalized it won't close on the 30th. If it does close on the 30th, the price would have been finalized long before two weeks prior to close. Thus, the price of gold today would have no influence on the sell price.
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