Tempted to buy more at these pricesThis PP likely means one of two things. One, Aura wants a bigger peice of the pie before this company goes to auction. Or two, EGX needs operating cash to ride out this crappy gold market and have no intention on selling until prices improve.
I think option one is more likely since any buyer knows they have to look 15 years down the road at potential gold prices and not just todays price. However, I could see how buyers would use the current prices a negotiating tactic to lowball EGX.
Patience. We will find out eventually. Hopefully sooner rather than later.