Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (60477)	1/22/2001 3:27:32 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

go to their web site and check the hedge book...if they were any more short than they already are they'd go bankrupt at the first twitch up in the PoG...-g- seriously though, their hedge book is not really endangered until the PoG moves well beyond the '99 highs. they also still own a few calls for this year. but between them, Anglo and ABX hold a HUGE hedge position. and the Ozzie miners are also hedged up the wazoo. some, like e.g. Sons of Gwalia , have sold more gold forward than they possess in reserves. absolutely idiotic.