Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (851)	9/6/1998 7:49:00 AM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 81226

Re: Hedging, etc. Thanks for the kind words Bill! I printed out your commentary, and I have been reading it over to let it sink in. Pls rest assured I appreciate your sharing your ideas! Right now I think that maybe it's time to start buying...so I need to make some decisions. Right now I am interested in some of the mid-tier producers such as VOY, MAE, ARZ, etc. It seems that the presence of hedging may be a key factor in evaluating these companies. I don't know quite how to do the calculations. Would you or someone else on the thread be kind enough to show a quick calculation for the following hedging by VOY assuming they covered at current prices? Pls include the formula. 1998: 90,000 ozs. 1999: 140,000 ozs. 2000: 30,000 ozs. (all at about US$400/oz.) A quick & dirty back of the cocktail napkin calculation would be fine. Thank you!!!! Best regards, THC PS: Also still looking at CCM & some others in preparation to buy a basket of juniors just in case the big wave comes! Any advice?