A good article presenting valid reasons for the decline of gold price:
As long as gold prices won’t go down below $1,000 there is nothing to worry about. If it does then APX would operate at a loss again and PX’s income would be trimmed a lot.
CPG declared cash div:
CPG should have not declared cash div. Management should have plowed the cash back to the Company.
My opinion only.
Yesterday I asked how SMC will fund their projects, I guess it would be through this $2 B note:
MVP group also raised some capital through First Pacific’s $400 million international bond offering:
They claimed it was 7.5x oversubscribed.