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Gold/Mining/Energy : Battle Mountain Gold (BMG) -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (138)9/28/1999 5:12:00 PM
From: Gemini  Respond to of 174
 
Sold a few, but holding some longer term shares. BMC has been depressed even more than a lot of other gold stocks due to project uncertainty. The news that the project was progressing hit when gold was really suffering. Hopefully we will now play catch up. Best of luck to all.



To: long-gone who wrote (138)10/7/1999 4:17:00 AM
From: TheBusDriver  Read Replies (1) | Respond to of 174
 
Based on yesterdays correction that hedged companies suffered I would say this was a very astute observation. BMG held up very well...in fact I was impressed with the strength that BMG showed during yesterdays action. First falling with the others, then slowing crawling back lost ground, to finish on the high for the day. Pretty good I would say. Glad I am holding this stock.

Do you know how much exposure BMG has to hedging? I read somewhere they were not hedging any more gold....this was 6 months or so ago, but I am damned if I can remember where I came across it. It has something to do with a write up about NEM hedging program.

wayne