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nelson1234

02/14/24 3:16 PM

#110827 RE: larrybaz #109449

CTHR did you listen to or read the conf call transcript? Nothing really to note. But one funny thing. An annoyed investor asked them about their cash levels, which have come down from what had been very high levels. The CEO responded that its not so big a concern b/c if we need more cash we can just go into our finished jewelry inventory, and gold is like 60% of that inventory value, and just disassemble the jewelry and melt down the gold to sell.