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

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
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: IMF takes up gold sales to expand lending

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tectol

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Re: IMF takes up gold sales to expand lending

in response to Re: IMF takes up gold sales to expand lending by troth78

posted on Sep 24, 09 07:05AM

I believe if the gold from the IMF is quickly bought by central banks this will be a bullish sign for gold in monts to come , even Barrick was rumoured to be interested in buying some of that gold and i think many other private interest will show interest especialy if it were to be retailed at a discount from spot price though the IMF said they would sell it over a period of time at spot price in order to get the most out ot it .

If larger parties express their interest in buying the whole amount quickly then the IMF might reconsider it's initial strategy .

Regards !

Tec

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