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Here's a BI story on tungsten-filled gold bars.
#1, goodie. I'm happy to see the story making the rounds, casting the doubt on gold, so it can skyrocket to $2500 by Xmas.
#2, here's the kicker for me:
"Fadl says he bought the counterfeit from a Russian merchant who'd bought from him previously. He did not provide the merchant's name and said the man had already returned to his home country."Point being?
Don't do business with Russians!
Fucktard.
UPDATE: Also, this story: Chinese sell tungsten-filled gold bars online.
Point being?
Don't do business with Chinese either!
Off topic, but have you ever taken a closer look at Aurcana? They have nice growth around the corner, they seem to be running the La Negra mine reasonably well and they just reported a resource update which was quite impressive. But the company gives me bad vibes and they have a history of running some crazy PP:s, there are some 50m warrants coming online in dec 2013, some nice growth eh? I'm also under the impression that Otto is not too keen on this company. Shafter is also delayed.
ReplyDeleteKnow nothing about them, sorry. Though the chart has held up and you could say "cup and handle targeting $1.50-$2" if you were into that sort of thing.
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