Re my 9-4-11 posting to hedge at $45 / oz, CCU is now potentially $500,000,000.00 worse off and rising ,sometimes the bird in the hand should be the option chosen. I wonder at what price the copmany exs did hedge. My thinking was to hedge all of the known silver approx 51 mill ozs and use that cash to acquies additional leases and drill where necessary, from what I understand there are plenty ares of interest to investigate.
CCU Price at posting:
92.7¢ Sentiment: LT Buy Disclosure: Held
