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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Michael Collings who wrote (42118)	10/5/1999 3:35:00 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 116815

Michael Collings , can't give you a specific reference on hedging by mines. However the largest ones , NEM, ABX have already covered a lot of the hedges and can cover the rest with their large under ground deposits. They are not more open to info I think than what I gave you. Also they have time to pay back. I think if gold price goes to 500+ these mines can produce cheaply, they will be more than able to put out all the gold and more to cover hedges and make a profit, TA Message #42118 from Michael Collings at Oct 5 1999 2:55AM Can anyone point to a site that would list the hedging activities and forward selling activities of individual mining companies. This information would be extremely important right now. I know Barrick is hedged heavily and bellieve they are protected to a price of 388. Are there others with that kind of info. I personally wouldn't want to be long some of these stocks. Newmont does very limited forward selling and Battle Mountain will not sell more than half its forward mining capabilities.