GREY:GRFJF - Post by User
Comment by
littleguy21on May 08, 2007 8:16am
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Post# 12742417
RE: SLow times for WGI
RE: SLow times for WGIYour both welcome. I just happened to be doing my dd and was excited
about this stock until i got to the hedge part.
I think you took the words right out of my mouth babedinkleman as now that i've read your last message were on the same page.
3 years hedged when i don't expect to see gold go down in price at all. Dosen't mean we can't make money on this stock. Just not as much no matter what the price of gold goes to. Unless it goes down
then we will still only make the same amount on the project if if if they can pull 165000 out of the ground a year. All we can wish for is the mine gets running better with time they can produce more gold and get the hedge amount filled sooner. I still like this stock it just won't have the support to the higer side it could of had early in the
game. Barrick gold won and lost in the end because of hedging. The crowd loved the man when gold went down. And turned on the man when gold went up.
Littleguy