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: loantech who wrote (66858)	8/25/2009 9:47:15 AM
From: Tommaso	Read Replies (1) of 78408

I guess closing the hedges is like buying gold at the current price. A hard decision, especially if you have any doubts at all about the direction of gold prices. As an investor, I dislike hedges. I suppose they are a kind of corporate life insurance to make sure a company survives, but it can be a very expensive policy.

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