Day Snork, Yes "Death to the hedge" and as Hainholtz says the hedge must die as the Co that owned the hedge went down and could not have held up their end up had they had to pay the money had gold fallen below the hedged price. But my worry is this, can the liquidators onsell the Norton hedge, meaning is there any way they can stop the hedge from dying a natural death, lets face it with gold the way it is there are plenty of financiers who would love to take it over and pay Norton X and onsell it at X plus. Question may sound dumb but I am not even a bar room lawyer, Any body ???
falko
NGF Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
