EXPM:HRTFF - Post by User
Comment by
Homestoneon Dec 11, 2020 10:39am
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Post# 32087911
RE:RE:RE:RE:RE:Please explain
RE:RE:RE:RE:RE:Please explainBecause one third of production is hedged ,providing they get 60 to 65,000 oz in 2021 as projected ,a rise in gold price would be positive.We are only one year into a projected mine life of 13 years so it depends on what the definition of near term is.Expectations for some is fast money but I think this play is a waiting game.That is providing the ship doesn't sink.If the company can stay afloat financially for the next 2 years there will be rewards.That is my opinion.