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

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To: loantech who wrote (73695)8/21/2012 10:00:02 PM
From: tyc:>  Read Replies (1) of 78419
 
Tom, don't be misled by the term "IRR". It might measure total returns against only the amount of capital required to complete the job. I guess this is significant in the decision whether to finish the job, but it might say nothing about the profitability of the entire project. I might be wrong of course.

I shorted a few shares of LSG today ... the start of hedging on the strength of my CvDeb holding. The game is to make a profit by managing the short hedge. You sell more shorts as more hedge is needed when the CvD climbs and profitably buy back on declines as less hedging is required......The profit enhances the 6.5% interest yield. .." If you can't beat 'em, join 'em"... but I'm fast running out of ideas !
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