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Gold/Mining/Energy : Gold Price Monitor

GDXJ 113.23

+0.6%

Dec 16 4:00 PM EST

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To: sammaster who wrote (33287)	5/7/1999 7:15:00 AM
From: long-gone	Read Replies (1) of 116815

<<anyone know which gold producers arent hedging besides nem?>> Goldfields. Best I can figure, all the rest are to a greater of lesser extent. That IMHO is where the line must be drawn in the sand. What level of total production is forward sold, and over what period of time. AU said they were forward sold to the extant of 21 months with delivery streached over next 10 years. HM (way I figure it) 15-25% of next two years production ECO near same. ABX 45% forward sold over next ten years.

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