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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: re3 who wrote (85373)2/8/2001 5:28:42 PM
From: Knighty Tin   of 86076
 
Ike, This is the old half full or half empty argument which I considered half full. If they are ONLY hedging 50% of their production, they must be awfully bullish about gold. That means they are naked longs on 50% of what is one huge amount of production. I think the CEO is saying he is bullish enough to put his job on the line.
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