It's a bad time when the MD couldn't separate the spin from the reality.
This happened to another WA company that once was listed . They forward sold gold that they spun up,in deposits that they overestimated.
Well the reality will hit MM pockets .
Ouch.
But watch out for a coverage with options or rights that will give him a chance to average down.
It's a bad time when the MD couldn't separate the spin from the...
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