For all the bullishness about gold, the price of gold and the price of gold miners’ shares, it is funny how even gold bugs can be willing sellers.
Take $3.7 billion takeover target Gold Road Resources, a Perth mid-cap gold play whose claim to fame is a 50 per cent non-operating stake in the Gruyere gold project – an operating mine that has produced more than 1.5 million ounces in the past five years.
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