Home » Confinvest extends the Board of Directors to include Bolaffi representatives

Confinvest extends the Board of Directors to include Bolaffi representatives

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On planet Earth, gold is not as rare as one imagines, in reality it is a fairly widespread element, there are billions of tons of it; the problem is that the golden specks in the rocks are generally found dispersed in low concentrations, there are few veins rich enough to justify the investment to extract them. But new technologies are being developed to make new fields, even submarines, accessible. A study by Confinvest, a company specializing in the trading of physical gold (distinct from the trading of financial products with gold as an underlying), also reports the activity of specialized operators – the best known is Tom Dettweiler – in exploring and recovering the gold of submerged wrecks, by means of small remote-controlled robots, equipped with sensors.

Confinvest is a company listed on the stock exchange for investments in physical gold in coins (Pounds, Marenghi, Dollars, etc.) and ingots under title 999.9, under the VAT exemption regime, following Law 7/2000. These days there is something new that concerns you: your board of directors has approved the request of Bolaffi SpA (which has 17.53% of the share capital of Confinvest) to increase the number of members of the Board of Directors to seven and appoint four new councilors; Bolaffi SpA will shortly present a shortlist of candidates. Bolaffi entered the share capital of Confinvest recently, in the month of July; the managing director Filippo Bolaffi explained the meaning of the operation as follows: “The entry into the capital of the most historic and important Italian operator in the trade in physical investment gold is a further step forward for our growth in this sector, which already we preside with the subsidiary Bolaffi Metalli Preziosi SpA Ours is a long-term investment and confirms how much physical gold has in effect become another pillar of our centennial history ”.

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