[Rhotchkiss]

Originally Posted by Casey2296

Golden now has to answer to CU and the stakes are much higher, for perspective if they had to pay the freight on a $200,000,000 loan at 7% the interest alone would be north of $1.6 million per month or $415,000 per weekly auction.

Of course the pressure is on, CU paid at the top of the market with drunken projections for the future and a poorly designed platform.

Don't lose sight that Ken is a really, really good salesman and the CU gang were using OPM for their purchase.

It's an exhausting high stakes game that hobbyists don't even need to engage in, imho.

Good post