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

To: long-gone who wrote (93662)2/20/2003 1:02:34 PM
From: Enigma  Read Replies (1) | Respond to of 116768
 
This is a thread of opinion and judgement of which you are sorely lacking.

On the subject of hedging some of you guys display the most mind boggling logic. Say mining costs go up but the POG goes down - would you rather have hedging in place or not? Remember the rise in the POG is recent and can't be applied against the POG over longer reporting periods. These vast mines are a bit like the Queen Mary. Hedging allows the Operator a longer perspective


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