Battle Mountain Gold (BMG) Message Board

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Gold/Mining/Energy : Battle Mountain Gold (BMG)

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To: TheBusDriver who wrote (142)	10/7/1999 6:56:00 AM
From: long-gone	Read Replies (2) of 174

Well thanks Wayne, Feels nice when someone(anyone, anywhere, anytime) notes a timely / great call. Now if there were only more & better profits involved in the making of one of these great calls. That is my single investment goal for the next 12 months, work more based on the head less on the heart. OK, I read the BMG hedged position(as did you) around 6-8 months ago. The actual honest crime in gold was that Standard & Poors stepped in and held a virtual gun to the producers heads & made them take on hedged positions or lose Credit Rating! That happened in the last 6 months so I really don't have an idea where BMG is at today. Based only on my gut feel, I doubt BMG's hedge is anywhere near excessive, but currently have no proof of this. Why don't you take a turn, & drop their IR department an EMail asking for disclosure as I did it with HM & NEM.

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