BLY
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0.00% $2.91 boart longyear group ltd

aud strength, page-2

  1. QuietFrog
    2,020 Posts.
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    01/10/09
    10:53
    Post #: 5719470
    Ken,

    I too hope the same. I'd been watching the AUD/USD conversion and have been feeling good. The 2008 record earning was on the back of strong AUD, weak USD, high gold prices. The weak USD, strong AUD, high gold prices are coming back. Soon these will be reflected in BLY earnings.

    If they didn't hedge against the AUD, there's the extra 30mil USD from the CR, which is good. But the better earnings is what got me excited.
    BLY Price at posting: $3.10 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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