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Giustra repeats that gold price is 'managed' but won't say 'manipulated'
K92 Intersects High-Grade Gold in Multiple Drill Holes at Irumafimpa
Company Announcement
Monday, June 19, 2017
K92 Mining Inc. (TSXV:KNT) is pleased to announce recent results from 11 diamond drill holes completed in the ongoing underground grade control drilling program at its high-grade Kainantu Gold Mine.
A number of these latest results are particularly important as they show wide high-grade intersections less than 20 metres from the drill cuddy.
Ian Stalker, K92 chief executive officer and Director, says: "The latest grade control drilling results include some of the widest that we have seen to date at Irumafimpa, with 8.2 metres at 24.65 grams per tonne gold equivalent recorded in hole GCDD0074 and 4 metres at 60.57 grams per tonne gold equivalent recorded in hole GCDD0071. Importantly in both places these intersections commence less than 20 metres from the drill cuddy." ...
... For the remainder of the announcement:
http://www.k92mining.com/2017/06/k92-intersects-high-grade-gold-in-multi...
3:32p ET Tuesday, June 20, 2017
Dear Friend of GATA and Gold:
Mining entrepreneur Frank Giustra, interviewed today by Kitco News' Daniella Cambone, repeats his observation, made at the Vancouver Resource Investment Conference in January --
http://www.gata.org/node/17223
-- that the price of gold is "managed" by central banks with the help of bullion banks. In his interview with Kitco, Giustra doesn't want to say the gold price is "manipulated," but he warns against "paper gold" because of its likely lack of backing.
The interview is 6 1/2 minutes long and is posted at Kitco News here:
http://www.kitco.com/news/video/show/Kitco-News/1624/2017-06-20/Gold-Is-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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