Hedged @ AUD$1582 !!! You Beauty!, page-16

Thanks rise

Probably not.

I have nothing more to say.

I see deflation and bought RMS because it was trading at a low pe when cash holdings are considered.

I wanted RMS to hedge most of its production. They didn't. I don't know why miners speculate on the price of something like gold. If they are so good at picking the gold market, they should get out of mining and start a hedge fund or something.

There is always the possibility for gold to rise drastically (there is also possibility for it to fall) and that is why 2% of my portfolio will be long dated out of the money calls on the index.

For me to like a stock I want the stars to align and unfortunately, management has been very irresponsible in my opinion.

I am not suggesting everyone sells and follows my course of action