High River Gold Mines Ltd HRIVF

RE: mines

[metalmaniak]

none of their costs are in Canadian dollars except a few salaries and ofice. Why the hell would you hedge the Canadian dollar? They are not hedged with Gold which is the most important thing. I would agree to hedge the ruble though a they have a lot odf costs in rubles and the ruble will float in 08 and is very undervalued with an incredibly strong Russian economy, but NO to a Canadian dollar hedge.