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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: hank2010 who wrote (9284)3/22/2005 10:23:30 PM
From: Taikun  Read Replies (1) | Respond to of 18308
 
Actually NEM also owns over 7000 acres of oil sands leases through their investment bank, probably as part of that hedge. I'm sure their Chair Schulich had something to do with both.

7000 acres could contain a few hundred million barrels of oil. Smart hedge, IMO.