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GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

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  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: Chilton sees decision in December on position limits

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Chilton sees decision in December on position limits

posted on Nov 10, 09 11:12PM

bart chilton's statement was as vague as can be, but silver could be one of the other "physical commodities" he mentioned.

WASHINGTON (Reuters) - The Commodity Futures Trading Commission is moving toward adopting a proposal in early December to rein in excessive speculation in energy markets by setting hard limits on positions investor entities can hold in a contract.

Bart Chilton, one of five CFTC commissioners, said until a draft is completed it will be difficult to determine where the commission stands as an entity, but there is a broad understanding "that there are issues that need to be addressed and that doing nothing is not an option."

"I think there will be" position limits, Chilton told Reuters in an interview.

"I don't want to prejudge where we'll be specifically but if I had to guess where we'll come out ultimately I believe that there will be hard position limits ... for energy commodities and for other physical commodities" such as metals, he said.

http://www.reuters.com/article/ousiv/idUSTRE5A95K220091110

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