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Bullboard - Stock Discussion Forum Revett Minerals Inc RVM

Metals & Mining Industrial Metals & Minerals

NYSEAM:RVM - Post Discussion

Revett Minerals Inc > copper
View:
Post by tast22 on Feb 28, 2012 2:33pm

copper

Although RVM hedged copper at $4.00 it would be nice to see copper take a substantial run up to $4.50 or more for unhedged portion. Long wait for Rock Creek decision has crimped sp. Has been a great time to slowly accumulate. Looks like profits from Troy will more than pay for eventual Rock Creek capital costs,especially if they can extend life of Troy mine beyond 7 years which is highly likely.
Comment by tast22 on Feb 28, 2012 5:57pm
25% of copper is hedged at $4.00. As far as I know, no silver is hedged.  
Revett Minerals Inc
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