KITCO - Gold discussion Message Board

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Gold/Mining/Energy : KITCO - Gold discussion

GLD 368.12

-0.5%

Oct 31 5:00 PM EST

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From: Hambone	6/9/2016 4:11:21 PM
	of 989

PPP. I've owned it, traded it and I look at it all the time. The first quarter really was a disaster and the financials showed it. I've read about the Mexican tax issue time and again but I still can't get what the issue is and what the potential hit to the company might be. I do know this: you could have bought it at 1.70 and sold it at 2 a few times. Resolving the tax issue for good would go a long way towards easing minds. The stock would jump, for sure, but I think you could buy the jump and still make a nice profit. No doubt the stock is risky until the issue is resolved.

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