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Gold/Mining/Energy : Century Mining Corporation -- Ignore unavailable to you. Want to Upgrade?


To: HotnSpicy who wrote (116)5/29/2006 9:47:39 PM
From: John McCarthy  Read Replies (1) | Respond to of 545
 
Hi HS -

prologue - I lurk you - your analysis of other
cost considerations of other stocks is simply first
rate stuff ....

(i.e. your smarter than me)

and so it really **HURT** to read this ....

>>>>>>>>>>>>>>>>
I thought there were remaining hedge positions from 2005 remaining. If I recall, something like 12000 oz at $451
>>>>>>>>>>>>>>>>

Just shoot me ... I did not know this ... and I feel
like I am in the movie ... the gang that couldn't
shoot straight ....

I was running with this (see below) comment .... and I thought it was *uncomplicated* and straight-forward
.... (see last sentence)

>>>>>>>>>>>>>>>>>>>>>>>..
''Bogdan

There is appox. 8 million warrants left at the lower prices, 5 million of these belong to U.S. Global and have until March 07.

The only amount that I think may act as an overhang at this time are warrants that we attached to PP done by Canaccord for 500,000 with clients in smaller amounts.

The old trucks will be reconditioned or at least the ones that are worth it and still be used the others will be used as parts.

The way the PP is being spent is in our NR but will be used in San Juan, Lamaque and at Sigma as well as for general working capital.

>>>>>>>>>>>>>>>>>>>>
Steve Wood informed me yesterday that there was no hedging for Q2, Q3, Q4 2006.
>>>>>>>>>>>>>>>>>>>>

Tom''
>>>>>>>>>>>>>>>>>>>>>>>..
stockhouse.ca

If we are on the hook for 12k oz .... then 4 letter word.

Irrespective of how much they take in - and if its 12k
then for god's sake take it all in RIGHT NOW ...

it blows us off course and now 3rd quarter becomes
the WOW quarter .....

If you are on the cc tomorrow - sure hope you bring it
up. Or anyone else that might be ....

btw - I don't want somebody in IR who - *teases* about
production numbers, does not know production numbers,
and can't talk to how many oz's we still have hedged ...
he has *got* to know this stuff ....

regards,
John McCarthy