GREY:WFEMF - Post by User
Comment by
billchippyon Nov 02, 2012 9:39am
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Post# 20554123
RE: RE: RE: RE: Interesting Interview with Nick
RE: RE: RE: RE: Interesting Interview with Nick hi cj, you are probably right, but, it is wrong we dont know because the sale price is the most paramount important factor in any business model, i have a gold miner in my portfolio, they are still selling gold at $1350 oz. due to finance arrangements made before production, fortunately they are producing lots of it at a low cost, so its a good investment and once the hedging agreement expires with the bank next year, profits will soar, however i hope WOF have not been giving IMC too much of a discount on sale price, and, i think they have. i will still be holding WOF because of the massive potential anyway, i have never been happy with IMC buying 25% for such a low price either