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Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS)
SWC 18.000.0%May 12 5:00 PM EST

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To: bobby beara who wrote (997)10/29/1999 8:19:00 AM
From: Bob Howarth  Read Replies (1) of 1336
 
Apparently there is some hedging but it is very small. There is a summary on the YAHOO thread. I have expressed my opinion that following the hedges in place, the company should not hedge at all as it is a complete waste of their time, which should be spent 1000% fixing the operational issues at the mine. You can also get the low-down from their SEC form 10Q most recently filed. They did add 10 bucks an ounce in latest quarter with their hedging, supposedly.

Sure hope we have bottomed here. You would think this is a lead mine, not palladium.
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