Hedge funds slash bullish wagers on gold before war jitters
Speculators have reduced net-long positions by 3.6%.
American Bonanza Gold Corp. (TSX: BZA) (“Bonanza”) is pleased to report the purchase of a milling and flotation circuit for the 100% owned Copperstone Mine in Arizona. Bonanza has acquired an option to purchase this 700 ton per day milling and flotation/gravity plant, including a pre-engineered mill building, for a purchase price of US$650,000. Read the full press release at http://www.americanbonanza.com/i/pdf/2010-05-19_NR.pdf
