SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Swaita who wrote (78)7/9/1997 9:52:00 PM
From: Steve Johnston   of 350
 
I think they hedged forward 2 years's worth of estimated production at $375 per ounce. At the rate gold is dropping, they might think of leaving some of their gold in the ground and filling these contracts by "flipping" gold bought on the open market. Anyone know whether or not this is just a crazy idea, or, is indeed a possible strategy?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News