Hedging is fine. Sticking to a hedging strategy is good. Hedging 80% of your production (not including the new mine) so you have next to no exposure to upside potential is not good
Ann: Resolute strengthens US$ gold hedge book, page-9
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 143270 | 72.5¢ |
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| 73.5¢ | 489207 | 13 |
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