RE: Homestake & their admitted Hedge Book. Thx 4 that confirmation! There is NO goldmining company the size of HM, ABX, PDG, NEM, HL, etc., etc., etc., that could survive this 18yr bear market in gold w/out employing the Futures markets, options markets, and cash forward contracts.
I'm a user of said vehicles, not just a talker.
Therefore, I was completely confident in my assessment of HM reply to you, and to the pooh-pooher who responded. People such as that inexperienced poster simply only know what they've been told. Sad, isn't it.
Best wishes to you in your continued due diligence re: your investment sectors of interest.
O/49r |
