Gold being shorted today ....before Chinese come back to market after holiday ,,,
Right now you have the Niobec Mine ( 2nd largest Niobium mine in the world) NAV around 1.5 billion
cash around 1.1 billion ...thats what the company is trading at now ............you get three gold mines (850,000 ounces per year) and 2 development projects for nothing
Too cheap to sell....Too high to buy.
I believe gold will rebound fast Just like oil @ $70 2 months ago Now $97