RE: If not hedgedSaid he will not hedge copper. Again, the relatively small and partial zinc hedge was done to GUARANTEE that Duck Pond would be a zero cents/pound producer of copper. This ensures its viability and allows AUR to get a revenue stream from other miners in the area because they know they can develop their properties with AUR nearby to process their ... ore. Whether I agree with it or not, I can see the rational for doing so. Looks like we may have some more day to day noise today to obscure the fact that copper is still over $3/pound and that AUR is still on track at these prices for 2006 earnings north of $3/share with cashflow and NET CASH by year end both over $5/share.