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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: loantech who wrote (7058)3/1/2006 1:30:56 PM
From: dara  Read Replies (2) of 78411
 
I listened to the NGX presentation at BMO's Resource Conference. CEO Ken Stowe mentioned that their current gold hedge is 139,000 oz of gold which was down from 1,000,000 oz that the bank required them to do at the beginning of their project. He said that he expected that they would announce around May of this year how they would handle their remaining hedge. He also mentioned that they had paid off their debt more aggressively than scheduled.

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Stay tuned ...
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