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


To: re3 who wrote (84169)4/4/2002 10:55:00 AM
From: Greg Ford  Read Replies (1) | Respond to of 117064
 
Well this is the gold price thread and not a gold stock thread. My point is that NEM is not unhedged as they claim and that in fact their ability to close out their hedges is limited because the hedge positions have a negative value. Wrt ABX, they have cash, no debt and a large hedge book;
NEM has no cash, lots of debt and a small hedge book.

You decide.