60 cents target in 6 months, page-27

Now is not the time to hedge IMO...although a lot of Aussie goldies are currently locking in..a mistake at this time IMO.
BDR has no hedge..their production profile has been very inconsistent...this should improve and be more consistent after this quarter.
Gold has the potential to run hard from here... all depends on what world financial markets do...I believe GFC2 is just around the corner.. everything is pointing to a market crash...the signs ate there you just have to open your eyes...
Cheers
Move that dirt...