has the dust settled????, page-5

read my post from Friday. (why doesnt symbol lookup work for SGW?)

The hedging was a problem when gold prices were very high. forward Gold hedge contracts are now at a higher level than the spot price.

Call investor relations if you do not beleive this or look in the financial report if you can decipher it.

there should be an announcement from the company soon stating that hedge commitments have reduced dramatically with the $45 drop in gold price.

Floor may well have been hit.