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Detour Gold Corp DRGDF



GREY:DRGDF - Post by User

Bullboard Posts
Post by shermandrockon Jan 29, 2014 10:52am
156 Views
Post# 22147272

Hey gold hound:

Hey gold hound:I would not be too concerned about possible hedging.

Costs and the timing of expenditures are controllable to a point.

Hedging would not likely be necessary. However, were the POG to spike to unexpected and unsustainable levels, I would support hedging. It is however a c rap shoot and should be done sparingly.

in lieu, DGC could high-the ore rather than dilute to obtain higher margins.

i believe DGC intended to preemptively remove any liquidity concerns.

yep, survival is assured. Now, let's fine tune the operations and make a return.

Oh, another source of funds would be Block A. They could monetize that with a Streaming, NSR or JV.

Hedging is the last resort.
Bullboard Posts