Gold Stocks that are Unhedged | Stock Discussion Forums

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.

Gold/Mining/Energy
Gold Stocks that are Unhedged

An SI Board Since October 1999

Posts	SubjectMarks	Bans
10	3	0

Emcee: Diana Choi	Type: Unmoderated

Introduction Compact

After getting burnt pretty bad by ASL, I've been interested
in ONLY unhedged gold stocks. So far, the only ones found
are AEM, HGMCY, RGLD and TSE:FN.

HGMCY Harmony Gold Mining - from the Chairman's statement
in the annual reports: harmony.co.za
"The company?s cost of production is well below any reasonable prediction for a gold price low. Harmony?s
unhedged position ensures that its shareholders will
benefit from any increase in the gold price."

FN.TO Franco Nevada - from the Toronto Globe and Mail
10/7/99 "Franco-Nevada Mining Corp. Ltd. and Viceroy Resource Corp. have not hedged any gold production.
Incorrect information was published yesterday.
(Thursday, October 7, 1999, Page B2)"

AEM Agnico-Eagle from the President's message at
agnico-eagle.com
"Growing reserves and production with excellent
exploration potential; Low-cost operations with sharply
declining production costs; Strong financial position
with good access to additional capital; Experienced,
proven management and a committed work force; Excellent leverage to rising gold prices, as none of our future
gold production has been sold forward. "

RGLD: wrote them at info@royalgold.com and the VP responded
that they are unhedged.

Everyone, please share your research on unhedged stocks.

diana

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
10	I believe that golden star-GSR is also an unhedged stock-it was up quite a bit	sparky	-	10/25/1999
9	Please take a look at Tri Star Gold (TSG.V) - There is a great deal of informat	Ade W.	-	10/21/1999
8	Hedge List: gold-eagle.com	Diana Choi	-	10/18/1999
7	You might want to put HM on the list of "unhedged." Not that i care	Teddy	-	10/15/1999
6	That's the same as MAENF (Miramar) right? How do you know they're unhe	Diana Choi	-	10/14/1999
5	Good . . . Barrick is supposed to have a conference call tomorrow morning at 10	Lola	-	10/13/1999
4	Good news for the golds... What they are saying is that they will just increase	SwampDogg	-	10/13/1999
3	Hi Keith, what you just quoted there sounds like a contradictory statement or a	Lola	-	10/13/1999
2	From ABX's earning report just released... <i>These contracts give B	keith massey	-	10/13/1999
1	MAE-T...a small producer but they have a book value of $2.75 CDN/share and they	SwampDogg	-	10/13/1999

Go to reply# or date (mm/dd/yy):