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Gold/Mining/Energy : Panaco Corp (PANA) -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (113)12/4/2000 10:44:42 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 115
 
BCBob,

As I responded on the RB Board, "no".

Not sure why everyone is so obsessed with knowing exactly what the hedge is priced at. We know that the 12 month strip was around $5 in the weeks just prior to the announcement. Say the hedge was at $4.80, or say it was at $5.20. What impact would either of those prices have to the current valuation of Panaco?