Bill’s Commentary:
“This means GET YOUR CERTIFICATES!!!”
Bill’s Commentary:
“This is so bad it is beyond words!”
Russian Central Bank Sues Euroclear As EU Tries To Ram Through Assets Seizure
In what could prove a well-timed preemptive attack and shot across the bow, Russia’s Central Bank (CBR) announced Friday it has initiated legal action against Euroclear, one of Europe’s largest securities depositories, which is holding 185 billion euros ($217 billion) of Russia’s frozen sovereign assets.
The CBR has filed a lawsuit against the Belgium-based bank in the Moscow Arbitration Court over “illegal actions” – just as European Union leadership is making a move to approve a plan to fund the Ukrainian government for the next years by using income from the Russian assets immobilized under EU sanctions.
“Euroclear’s actions caused harm to the Bank of Russia by preventing it from managing the funds and securities that belong to it,” the Russian Central Bank said in the statement. The lawsuit seeks compensation for losses as a result of Euroclear indefinitely blocking access to the funds.
Bill’s Commentary:
“Nice valuation news on TRX!”
Zacks SCR Raises TRX Gold Target Price to $1.90 – Reports Self-Funded Growth, Exploration Upside, Valuation Upgrade
We are pleased to share a new research update on TRX Gold Corporation (TRX-AMEX), operating the Buckreef Gold Mine in Tanzania.
Zacks Small-Cap Research has raised its 12-month fair market value target price to US$1.90 (up from US$1.00 at initiation).
The updated outlook is driven by:
Valuation Upgrade: The valuation is now based on higher gold price assumptions (anchored at US$4,000+/oz) and an updated plan for the Buckreef Gold Mine.


















