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Obscure Comex mechanism getting heavy use, suggesting short squeeze in gold, Turk says
10:19a HKT Tuesday, April 4, 2017
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk today tells King World News about evidence of a short squeeze in gold on the New York Commodities Exchange, where use of the obscure contract-settling mechanism of "exchange of futures for physicals" seems to be exploding. Turk's analysis is posted at KWN here:
http://kingworldnews.com/james-turk-massive-short-squeeze-send-gold-skyr...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
K92 Mining is producing much more gold than planned
Company Announcement
Wednesday, March 1, 2017
K92 Mining Inc. is pleased to report that mining production has shown a steady ramp up over the last three months with ore tonnes mined being over 50 percent above budget in January while contained gold ounces were almost 20 percent above budget.
The company mined more than 8,000 ore tonnes by February 24 and is on target to achieve 10,000 tonnes by month end, which is 40 percent above February budget. The increased ore production is in part due to significant lower-grade ore being identified outside the planned ore envelope, which was identified by our ongoing grade-control program, highlighting the importance and success of this program. ...
... For the remainder of the announcement:
http://www.k92mining.com/2017/03/k92-provides-operational-update/
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