Hedge fund declare war on poor gold mining returns

ArticleMiningSeptember 27, 2017 - 6:24:51 AM

The hedge funds have decided to target the catastrophic shareholders returns of mining companies because of mismanagement and critical strategic choices according to them.

Based Paulson & Co, led by longtime gold bull John Paulson, called on Tuesday for the world’s biggest investors in gold-mining stocks to form a coalition to tackle miners’ “dreadful” performance.

Source:Reuters

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