GREY:VITFF - Post by User
Comment by
MVargason Apr 14, 2023 7:13pm
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Post# 35396199
RE:RE:Opportunistic Hedging?
RE:RE:Opportunistic Hedging?Sure, hindsight is 20-20, but gold company investors generally invest because they are bullish on the gold price and do not want some of the upside diminished by forward sales, otherwise there are other companies to invest in.
Maybe bury such hedging in the quarterly MDA instead of in your current Corporate Presentation, especially when the hedges are already underwater?
Better still, issue a new April Corporate Presentation that highlights the year-over-year in production improvements and remove the "Opportunistic Hedging" slide altogether and correct other errors.