SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Vista Gold (VGZ) -- Ignore unavailable to you. Want to Upgrade?


To: Jay Anderson who wrote (195)5/13/1998 2:42:00 PM
From: Richard Mazzarella  Read Replies (2) | Respond to of 379
 
Jay, I don't know, I would need a current 20f to figure that out. Irrespective of hedging, even if the cost doesn't include other expenses, it's in the $0.02+/share range. The important point is that this is an excellent highly leveraged play on POG. The current mining cost shows they can survive in poor times with the gold hedgers, but will fly when POG goes up. Can anybody out there answer Jay's question?