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Strategies & Market Trends : Ride the Tiger with CD

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To: TheSlowLane who wrote (124992)7/24/2008 7:38:44 AM
From: Condor  Read Replies (2) of 314050
 
The question is. Sell at the premium now or hold the K shares?
I think I'd sell at the $ 8.
Holding leaves one open to $ gold price fluctuation and dilution of the play purity as It is melded into K's stable.
I also thought the premium wasn't bad all things considered. K got it for $ 77 oz. in the ground.
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