Ann: Quarterly Activities Report, page-14

@tradiesmedia the insurance cost to protect a considerable amount of production was worth it with the uncertainty in Gold price direction. No one has a crystal ball and other supposedly quality management teams with access to great advisors were locking in production hedged with no option at far less than $2k. Many are still having to deliver ounces at $1,750 - $1.850 range for the next 6 months. So who are the real fools??? Compare this decision against the general gold producers and this is a far better outcome for SH'rs.