Hedge may become an issue if gold continues it's run and not in production. Down on hedge and if not producing, have to pay out in cash. 1st delivery from July 2013 at $1651 Aus 10,000 oz , that is now under-water. July 2014 price $1711 Aus.
MYG Price at posting:
10.8¢ Sentiment: Buy Disclosure: Held
