GREY:AVGCF - Post by User
Comment by
MiningMonsteron Apr 02, 2012 11:59pm
197 Views
Post# 19751334
RE: RE: RE: Rocks for brains
RE: RE: RE: Rocks for brains Rocks I WAS ON THE CALL, you are dead wrong.
I just listened to it again and it is a plain swap entitling the investor to the difference between the strike of $7-900 and the market price of gold, in exchange for $25 million.
The strike is $700-900, the remaining upside was bought for $25 million. Ends up being around $1550 per ounce. .
You have no idea what you are talking about. This is a standard hedge contract and you should know better than to try and mislead the retail investors on this board, as Im assuming you cant possibly be this stupid.
STOP spreading lies on the board Rocks where are your morals.