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Wheels Group Inc GRFJF

Industrials Integrated Shipping & Logistics


GREY:GRFJF - Post by User

Wheels Group Inc
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Post by jnhnry1on Sep 09, 2008 11:54pm
628 Views
Post# 15443673

Gold price

Gold priceThe company is hedged at $800. What difference could it make if thegold price dropped below $700? Everyone freaked out when gold wentabove $800 saying it was a bad management decision to hedge. Now it'slooking pretty good.
John.
We'll get there..... albeit with a few bumps and bruises along the way.
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