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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (581)11/14/2001 9:04:10 PM
From: Gord Bolton  Read Replies (1) | Respond to of 39344
 
Why would they not just close out forward sales from production? Presumably they have access to gold at lower than current market prices.

CRU.TO took a nice jump today. Reports on this years work on their Greenland gold project are due soon.

ose.no

Message 16498987



To: gold$10k who wrote (581)11/15/2001 2:47:26 PM
From: russwinter  Respond to of 39344
 
<a floor under the POG?>

FN has a theory that every 100 tonnes not rehedged of annual production translates into $5 in higher POG. NDY has a 292/t hedge book.

researchcap.com