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


To: ralfph who wrote (6311)12/23/2002 8:41:44 PM
From: tyc:>  Read Replies (2) | Respond to of 39344
 
Don't be too quick to say that BHK is about to become free of hedges. Production in the third quarter was only 16,000 ounces but hedges falling due in fourth quarter apparently amount to ~25,000 ounces. It was impossible to say what production would be this quarter because of the labour trouble.

If this were Barrick people would be saying they have real problems ! However it probably means only that they will have to roll forward their hedges until next year.



To: ralfph who wrote (6311)12/24/2002 1:54:54 PM
From: russwinter  Read Replies (3) | Respond to of 39344
 
On MAN: I've been travelling and although I've noted with baited breath the big pop in the stock, I can't locate the news you've alluded to. The EIS news is over a week old. If you have something here please post it?

For those looking for a laggard with plenty of play, there's SUL coming up with results within the next month on 33 holes with KGC at Kena/Gold Mt. Stock is way too cheap (under say 27)given the GAG (Geology, Activity, Geologists) factor. Conquest (now CQR) looks similar on their Red Lake property scrunched next to GG's Far East Zone activity. CQR drilling activity starts in the spring, so good time to get positioned. Plus they still have an option on an important advanced stage deposit Jerooy.