RE:RE:RE:FURTHER HEDGING OF ZINCLuvtoInvest wrote: Alberz, thanks for educating me..
You have talked .....
point (1) they both have different opinions ... It is the ideal,
normally there are other alternatives (maybe 2); .........
Tv paid the cost of not going bankrupt with a coverage (the counterpart has to win too);
made another cover to reopen Caribou;
and I think another coverage at 1.40 would not be bad to expand RP.
You transfer the risk to another speculator, and you increase your production.
and RP can continue to produce at a low cost, and shut down caribou if zinc declines.
regards LuvtoInvest.