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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: marcos who wrote (49518)9/25/2007 3:55:36 PM
From: loantech  Read Replies (1) of 78409
 
Gold Hedging Facility…
?? Implemented in December 2005
?? 443,000 ounces of gold sold at US$ 574.25 per
ounce
?? Monthly US$ flat forward unmargined gold facility
?? Delivery to commence 31 January 2008
?? Hedge position is less than 11% of current gold
resources
?? Gold hedging is a condition of drawdown>>>>>>>>>>>>

Recovered gold: 1.8 million ounces (life of mine)
• Recovered copper: 200 million lbs (life of mine)
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