Mac Bank results not good. So they will be keen to do the business! It's therefore a done deal with them holding $8M at 8 cents. They don't want another writedown and lost business to boot.
Just look at that gold price! Deutschebank spokesman said they expected $1250 average for 2011 with spike to $1350 - $1400 if there are financial troubles again. We're in the box seat.
