Article Of Interest

To anyone still scratching their heads over the deal with Sprott to provide settlements based on a formula depending on GLD's holdings, there's another twist in the works. Large demands for delivery of physical metal from the GLD trust has drawn down the holdings of the trust. This would affect the deal with Sprott signed last summer in favour of GBN.V, since they would be paying less than originally forseen to re-imburse Sprott: