Why would they wait for gold to go higher when they can produce and hold off course assuming they can afford to! I don’t mean hold everything they produce, but hold enough so that when gold goes up they do actually have the gold on hand rather than in a mine and sell at a higher price on the spot! They can pay for the rest of the operation with the minimal gold they produce especially when the cost of production for them is so low, and hold the balance for higher spot gold.
As for a buyout, I like the idea of that. Maybe u r right on that one JT. Nothing is impossible here.
Yes! I do though find it odd that they are awfully quite.
I know Tweety has been trying to get in contact with lots of questions. Hopefully sometime this week he will hear something and get back to us all.
Cheers and goodnight for now
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