Post by
flyinghorse on Jun 13, 2012 3:40pm
0.255+0075=0.33 =30%
you want to let go a guaranteed 30%? It doesn't matter where you bought in.
Comment by
Hourglass11 on Jun 13, 2012 3:47pm
You could lose that 30% next week if the American $ tanks. There are a lot of other gold and silver stocks that will go up 30% in the next 6 months and they are way safer than anything this BOD "guarantees" JMHO Hourglass11
Comment by
flyinghorse on Jun 13, 2012 4:18pm
Whether that will happen is anyone's guess. If fed prints more money, yes, USD will tank. On the other hand, if Greece exits euro-zone, USD will rise.
Comment by
dubsbs on Jun 13, 2012 4:26pm
We only have to worry about FX for another 17 day's . At that time the BOD should hedge allCASH (including escrew) to guarantee no further down side. Another words, start by changing the proceeds to payout currency.So the closer to closing we get risk starts to disipate from the FX side of equation !!!!!!1