I know the forward sales will impact the bottom line somewhat this quarter but as stated previously with a hedging strategy it hurts a little on the way up but you gain when prices are falling so swings and merry-go-rounds really. I'd rather have the company hedge to protect against a falling price as they will only need two more good quarters to be debt free and fwd hedging ensures at least one good qtr.
AGO Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
