re: Ann: OceanaGold Posts Strong First Quarte... Jeez, I'm not...

re: Ann: OceanaGold Posts Strong First Quarte... Jeez, I'm not criticizing them for raising cash, gladly participated in a couple of those, they needed it. I'm just critical of the double standard that they highlight the strong operating margins for 1Q11 compared to 1Q10, when the difference really is the crippling hedge that was still in place at 1Q10 (a hedge that was removed through capital raisings and not through the good performance of the company); just wish they'd acknowledge the contributions made by shareholders.

Yeah I also think it was "good" decision making and "good" timing to keep the hedges running till the 11th hour.