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Strategies & Market Trends : Ride the Tiger with CD

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To: LoneClone who wrote (66027)11/10/2006 7:21:28 PM
From: Chuckles_Bee   of 312838
 
Good to hear they are not considering hedging zinc:

Benner said Lundin is mulling its forward copper sales or hedge program with the idea of increasing hedging and locking in prices that remain above $3 per pound.

However, Benner said the company is sufficiently bullish on the price of zinc that it won't consider locking in future sales prices.

"We certainly will not take away the opportunity for shareholders with respect to zinc," Benner said.


canada.com

Regards,
CB.
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