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


To: Alex who wrote (60403)11/1/2000 7:05:23 PM
From: lorne  Read Replies (3) | Respond to of 116762
 
Hi Alex. In this post of yours would you or anyone have an opinion on this ? >>> Hedging destroying Aussie juniors..........."
" Centaur joins a succession of junior miners, including Pasminco Ltd and Newcrest Mining Ltd, which have eithered suffered losses, or missed out on the massive upside potential, despite a historically low Australian dollar as a result of their hedge books. "
Does this mean that Gold producers in the west ( Barrick etc. )could suffer the same fate with a very low US$ or is my thinking way off again??
Lorne