At the AGM Martin Cummings should be asked why he keeps hedging a new higher Gold price after all his 4 Gold hedges have been proved wrong. Looking back his first gold hedge was terrible and it looks like he hides his terrible hedging by overlapping a higher hedge each time he is proved wrong. Of course his last higher Gold hedge looks better on the books hiding the previous bad hedges. Martin's Gold hedging has cost AMI'S shareholders over 12 mill our biggest losing bet since Dargues. He was also responsible for raising $30 million more than needed at a ridiculous 9 cents per share. Martin should give us an exact number his Gold hedging has cost us at every conference call. CHEERS
AMI Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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