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Gold/Mining/Energy : Campbell Resources (CCH)

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To: Tom Smith who wrote (194)10/12/1999 3:10:00 PM
From: Fuller  Read Replies (3) of 209
 
Here is a quote from an E mail i sent to Campbell asking about there hedge.
On june 30/99 they sold calls for 33,200 oz. in 2001 and 20000 oz. in 2002 at an average price of $350.It is our general hedging policy to hedge up to 50% of our capital expenditure requirements for a period of two years. we would only hedge this amount if we saw a need.

They surprised me by E mailing this response within 2 days.I have not seen any news releases about there hedge.Which i thought would have been disclosed already.

If any one has seen a release please post.
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