Ann: Commercial production at Sissingue, page-44

err
gold price is way lower than last night and yesterday.



here comes the daily distribution from Citigroup/Cannacord/Aust Super/BellPotter/VanEck maybe even UBS who talked it down when buying at 42.5c in March and now talking it up publicly while likely selling it down for their 10% meal money as goes the usual manipulation by this motley crew.

We know this from the broker data posted by 8horse.
UBS were net buyers in March and then upgrade after they are in on the sly. The market is rigged and you can take the baby off them if you believe them. INSTOs are flip merchants.

We saw several high volume selloffs last 14 days at this range 43-47.5c and yesterday was a telling signal with long red bar to 45c, maybe they suck you all in now and another gravestone shoot type pattern with close at 45-46c again.

Interestingly Macquarie the PRU lender of U$50M is still calling 40c neutral despite Sissingue and all the news flow. They lent the money for the mine after massive due diligence and internal information from PRU but dont value the share price over 40c?! Thats a tell for sure as they know the whole story inside out as the lender with full access to all financials and records.