GREY:EMYSF - Post by User
Comment by
SurfForWealthon May 11, 2006 10:37am
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Post# 10832072
RE: Insurance
RE: Insuranceppp, thanks for clearing up that point. I interpreted the info yesterday before I bought the way you did but I wasn't certain. As I said earlier, it isn't that bad. It seems to me that hedging 9% of production for 2007 at $3.00 is a responsible thing to do. This is a highly levered play to the commodity prices. They have to manage the risk. Cheers!!!