OT-Unhedged(or lightly hedged) gold mining stocksgreenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread
Do any of the gold afficionados here know which gold miners are not deeply hedged? Looking to add a mining stock or two to my holdings. TIA.
-- J (Y2J@home.comm), February 08, 2000
Harmony (HGMCY) Goldfields (GOLD) Battle Mountain (BGM)
-- verify (firstname.lastname@example.org), February 08, 2000.
Franco Nevada is 100% unhedged, they have $1 Billion in cash, are profitable and they have a new low cost mine. They also own oil and gas rights on millions of acres in Canada. They are now very cheap because they announced slightly lower reservse in the new Ken Snyder mine. This is a great oportunity to buy probably the best managed mining/royalty company in the world.
-- nobody (email@example.com), February 08, 2000.
Thanks for the help. It is truly appreciated.
-- J (Y2J@home.comm), February 09, 2000.