current price of gold v's future, page-11

well- it is going to be interesting to see SP action today as I for one would take it as a judgement by the markets of who they think can survive at a much lower POG

Suspect there may be 2 or 3 stand-outs amongst them

The high number of shorts is not good - but get your poker face on and management may have to step up and show they have the goods.

Someone on this thread kept track of the current hedges ( I always lose track with call/put etc) and as much as I'm not usually fond of hedging some of the current hedges in place may actually work in BDR's favour ?

Please correct if wrong.

I would find 70c extremely disconcerting as that would indicate major flaws other than POG totally collapsing.

So let's have the battle of POG will be 5000/ no POG will be 1200 - LOL

It's all about margin - if POG goes lower, production costs have to be even more controlled.