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Message: Re: Gold went south...
1
Oct 26, 2009 06:42PM

Finally GRZ share price reacted to gold price.
The reaction is slow when the trading is far between trades. However sp does react to gold. That tells me that the market values sp partly due to gold price. That would be so if part of the expected compensation is tied to the loss of the gold in ground at Brisas.
In other words, it is not just for the direct costs that have been expended in developing Brisas.

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