NMC nustar mining corporation limited

SpiderThe other point is they have bought puts at $620/oz, not...

  1. edeagle
    405 Posts.
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    12/12/05
    17:54
    Post #: 1273845
    Spider
    The other point is they have bought puts at $620/oz, not forward sold. This gives them a floor for any downside correction, but allows them to participate in any upside in the gold price.
    NMC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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