OTCPK:TNGZF - Post by User
Comment by
kingposton Aug 29, 2014 1:11pm
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Post# 22890438
RE:RE:RE:RE:looking good
RE:RE:RE:RE:looking goodI would not worry about the foreign exchange losses, and I preferr no hedging programs... Hedging is like buying insurance in that in the long run only the insurance company wins.. Although the Canadian dollar might be weak for a spell it should stabilize fairly soon... also I see GRC is financing in Canada quite a bit which is a built in automatic hedge..I would net out foregn exchange losses in evaluating this as a business...