The price of Golden has been driven down to insane levels. There is NO logic to this, only insane manipulation by crooks like JPM and GS and HSBC. They fear gold and silver and anything associated with them like the devil fears holy water.
If the present buying price, the ask, is not a profound bargain, I do not for the life of me know what is.
I will be dining with Bill Murphy later today and will ask him what his take is on this situation and duly report back to the board what he has to say within the limits of what he feels is appropriate to say. I at this point do not know his viewpoint but this I do know: this stock is majorly undervalued and someone is going to make a lot of money on this play.
Why not us who have supported ECU and now Golden for years?