Contango Silver & Gold Inc. (CTGO) Discusses Trends and Volatility in Gold, Silver, Copper, and Tungsten Markets Transcript
Contango ORE NYSEAMERICAN: CTGO President and CEO and Director Rick Van Nieuwenhuyse said the company has eliminated its hedge book and is positioning shareholders for full exposure to gold prices, as speakers on a metals-focused webinar described the recent pullback in gold and silver as a correction within a broader bull market.
Contango ORE NYSEAMERICAN: CTGO executives said the company has eliminated its remaining gold hedge book by converting the last 15,000 ounces of hedged gold into debt, a move management framed as increasing shareholder exposure to gold prices while preserving equity.
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