Wheels Group Inc GRFJF

RE: SLow times for WGI

[stocksnbonds]

Littleguy, thank you for the post. I missed that entirely. I went back and read the details. Go figure, I thought the prices would be sold at market value. Regardless, if the hedge is at current prices (in theory) the price more than gives WGI a nice guaranteed profit which is what the financial institutions want. If the price of gold rises, I'm assuming the hedge level will also rise accordingly? I'm in the camp that thinks the US dollar decline will do wonders for a gold producer like WGI. Moreover, their costs are also in US dollars. Anyone else with thoughts?