GREY:GRFJF - Post by User
Comment by
stocksnbondson May 05, 2007 3:26pm
375 Views
Post# 12731672
RE: SLow times for WGI
RE: SLow times for WGINo contracts/planned contracts will be hedged. Call the firm.
Production is planned for 2008. They have no gold sales to speak of. All gold will be sold at market prices. You can talk to the firm about the way they calculate market value.
DO your DD by calling the firm and not relying on a BB. They're good people to talk to.
I find it odd that you are even talking about hedges.
This firm will be in the sweetspot of gold mining in the next 2-3 years. Gold will not remain at these levels. It will go up considerably. If you're in the US you should know that given the deficit.