RE:RE:love..
I wouldn't short BTO...don't get me wrong, I think POG will drop to 1205 and BTO is going down to $3.75 but I won't short this one.
Short some high cost producer instead. If I short a high AISC miner say TGZ I would actually buy some BTO as a hedge.
Bottom line is, I'll be a buyer of BTO at around 3.75.