and that's why its good to have hedges in place. -
No doubt all have seen gold price action last night -super wild action in many market components
still over 2200 aud, but still off its highs made after market close yesterday - down .45% on headline price over the last week
DCN is a company which producers gold, we don't want management thinking they are traders because if they get it wrong, it can hurt shareholder equity badly. Being all in with unhedged production isn't a good idea imo -
Should be an interesting day
GL
DCN Price at posting:
$1.28 Sentiment: Buy Disclosure: Held
