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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (99247)11/20/2007 2:25:48 PM
From: Claude Cormier  Respond to of 313029
 
- With them hedging 1/2 their gold production, the grease in in the copper, so to speak. EPM still looks like a good deal, even with $3 copper.

EPM has hedge 50% of initial production but musch less of everall production. This is not really a big issue as they will address this very soon after prodyction starts.

As for the drop in copper prices causing the retreat in EPM stock price...I don't know.