Take physic, pomp

Detour Gold (DGC.to): Confirmation that John Paulson is a dickhead (updated)

But not as big a dickhead as the combined board of Detour Gold.
Two wrongs do not make a right(s issue).
PS, Ah you want the background? Okay so here’s Paulson’s stupidity and here’s the Detour reply. Above all, consider that Paulson got the stock to shoot up on the back of his announcement early this morning. Utter madness and showing a complete lack of understanding about how this works, his mini-me Marcelo Kim deserves to be fired for advising the boss to go this direction.

UPDATE: Yup, Paulson is a dickhead:

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