TSX:HSE.PR.B - Post by User
Comment by
danno15058on Feb 16, 2003 12:59pm
192 Views
Post# 5870770
RE: Locking-in high crude prices....hedging
RE: Locking-in high crude prices....hedgingSambano.....you forgot to mention that it will be years before any payback on S.China, and we all know that oil prices will gyrate in the meantime. So it makes sense to take some $ off the table and hedge a little. If it were my company, I sure would!!!