Gold and Silver Juniors, Mid-tiers and Producers Message Board

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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 4:00:24 PM
From: Metacomet	Read Replies (2) of 78409

"The current gold hedge is 11% of gold resources; however, Tony mentioned that unwinding the hedge will be high on the agenda for the company as soon as Varvarinskoye reaches mechanical completion. I assume such a move would be very well received by the market. As far as copper goes, there is a sales contract in place that is based on spot prices on the LME. There is no hedging of copper." This appears to be the current situation. stockhouse.ca I added to my B warrants today.

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