GREY:DRGDF - Post by User
Post by
shermandrockon Jan 29, 2014 10:52am
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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.