ottorock

Is Aurelian About to Be Sold?

User 175551,

people would probably take your views more seriously if you knew how to spell the names of the countries you hate.

Goldcorp: There Are Better Ways To Play the Gold Boom

In the CC mgmt commented on cash at bank, saying that the $1.5bn or so is the 'kind of liquidity expected by the market for a company of this size', or something similar (memory does not serve exactly, i'm afraid). They also mentioned they didn't expect it to reduce by much this FY (again, my memory slightly shaky on the exact wording)

I didn't buy their reasoning. 1.5bn is a lot for GG to be carrying, both historically and strategically imho.

Do you have a take on the subject?