Many thanks, Kgem, for your extremely informative
Post# of 17862
Many thanks, Kgem, for your extremely informative reply, which covers the specifics of the stock but also the strategic and international contexts. That is going on my watch list immediately, and I will be doing all the DD I can from now on.
I trust that HIMR will give all shareholders the information we require on the financial side this week.
I rather doubt that Italy or Spain would be so idiotic as to dump their gold reserves, and the decisions would, thankfully, belong mainly to the respective central banking authorities, but in both countries irresponsible populism has become a huge problem. Marc Faber, Jim Rogers, Jim Sinclair and other strategists with a good track record see a great future for silver and gold, but the turning point could still be a few weeks away. When the Bank of England sold a huge quantity of gold right at the market bottom, at $250, that was a historic demonstration of how to get things 100% wrong.