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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (51557)10/28/2007 9:12:24 PM
From: tyc:>  Read Replies (1) | Respond to of 78431
 
Yes ! I do believe all that production will be unhedged and the company will have no debt and the Young Davidson under development at which they say they expect ~1M oz more than to-date official resource figures. Sure looks good to me if I am right !



To: loantech who wrote (51557)10/28/2007 9:12:49 PM
From: maxncompany  Read Replies (2) | Respond to of 78431
 
"Northgate has also agreed to acquire the Bank's exposure of approximately US$43.8 million (A$48.0 million) to Perseverance's gold hedges and subsequent to the close of the Transaction, Northgate will close out this hedge position."

closing hedges puts a smile on the deal.


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