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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Think4Yourself who wrote (81378)12/11/2000 11:11:52 PM
From: isopatch  Read Replies (1) of 95453
 
JQP. HGT av NG price = $4.07/mcf on latest distribution.

Monthly distributions are based on prices 2 months earlier. So distributions will continue to increase 2 months after NG prices peak.

HGT doesn't hedge. The operating companies for the various properties make those decisions. HGTs largest operator is your XTO which (as I understand it) does very little hedging.

Cheers

Isopatch
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