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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

4:00 PM EST

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To: IngotWeTrust who wrote (6902)	2/16/1998 5:11:00 AM
From: David Luton	Read Replies (1) of 116943

To: Ole 49r Subject: SWC hedging Came on this by accident from another post. You may want to take a look at SWC's 10K report. Note difference between realized price & market price. It looks like they hedged but got it wrong. Understand hedge position comes off later this year so their returns will improve markedly. Dave.

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