RE: People's Bank of China...IMF GOLDRib,
India is also one of the Countries that is looking to really increase their gold holdings as per many recent articles. They've already started increasing their holdings:
https://economictimes.indiatimes.com/markets/bullion/Top-10-country-holders-of-gold-reserves/articleshow/5587578.cms
In regards to the trading patter, I agree. I was surprised and somewhat disappointed (but also happy) because i thought I would get some shares at .04 - or that is how it looked based on Tuesday thru Thursday trading. Then, BAM, unanticipated buying pressure" - although not a tonne, but I believe buying with the understanding that several pieces of news are due to be released in the next 1 - 5 weeks now. I didn't even get a sniff of shares.
As an Aside, the company said around Feb 1 that the receipt of the $7m was "days to weeks" from being completed. That was almost three weeks ago.
IR also indicated within the last week that they were "putting togethera report on the progress that has been made there" (regarding China) and that they were "working onputting together information about the final payments and once that has been puttogether we will be doing a news release and sending it out."
Also: "In the very near future you will be getting a letter fromout IR Department updating you on the operations in china and also what our upcomingplans are for the company".
I see very good times ahead.
Cheers,
B