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finbar99

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finbar99

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Friday, 06/07/2013 11:28:31 AM

Friday, June 07, 2013 11:28:31 AM

Post# of 14330
Nice article.

http://www.miningmx.com/page/news/gold_and_silver/1627959-Wits-Gold-bullish-on-rights-offer-success#.UbH61MqqnAk

"Writing in the company's annual report that was published on Tuesday (May 28), Philip Kotze, CEO of Wits Gold, said that discounts placed on gold companies were greater than at any time in his career. He also believed that South Africa's international reputation was at an all-time low. However, the decline in the gold price would create acquisition opportunities."

Quite the time to be betting on a miracle - when discounts on gold companies are greater than at any time in long careers (this is the same thing they are saying in Canada, at least it's what the waitresses at Tim Horton's all talk about).....and S.A. int'l reputation is at an all time low.
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