Size Matters When Investing in Gold
GlobeNewswire - Tue Apr 08, 9:30AM CDT
The Central Bank of Iraq purchased 36 tonnes of gold in March 2014, worth approximately $1.5 billion. According to Iraqi bank officials, the gold buy was an effort to stabilise the exchange rate of the Iraqi dinar against the U.S. dollar.
EGX Discovers Significant Gold Resources on Ecuador's New Frontier
GlobeNewswire - Tue Feb 25, 9:33AM CST
Timing is everything. In 2010, betting on an improving political climate, Glenn Laing, CEO of Ecuador Gold and Copper (TSX.V:EGX) purchased the Condor Gold Project in Ecuador for about $2.50/ounce in the ground. This was forty times less than Kinross paid for the Fruta Del Norte project a few years earlier, just north of the Condor Gold Project.
Financial Press: Investment Banker to Gold Miner: Ecuador Gold and Copper's Glenn Laing Explains Why He Thinks This is His Best Investment to Date
ACCESSWIRE - Mon Dec 16, 9:41AM CST
(Financial Press - Dec 16, 2013) - Why would an investment banker who has raised $1 billion dollars through stock exchange listings, capital raisings, private placements and debt mandates, abandon his rosewood desk to run an exploration company in the remote mountains of Southern Ecuador?
Investment Banker to Gold Miner: Ecuador Gold and Copper's Glenn Laing Explains Why He Thinks This is His Best Investment to Date
PRWeb - Mon Dec 16, 7:37AM CST
Why would an investment banker who has raised $1 billion dollars through stock exchange listings, capital raisings, private placements and debt mandates, abandon his rosewood desk to run an exploration company in the remote mountains of Southern Ecuador?