IGR 0.00% 50.0¢ integra mining limited

Hedging is an advantage if it takes place during a bubble. If...

  1. 295 Posts.
    Hedging is an advantage if it takes place during a bubble. If you can pick the peak. Oil companies that hedged at $140pb last year are laughing now and can even make money selling their hedges (eg. Stuart Petroleum made money by doing this which was fortunate for them as they lost bucket loads of $'s with unsuccessful drilling). Although gold is likely to stay up higher than it is now it will most probably drop back after a peak as it did in 1980.
 
watchlist Created with Sketch. Add IGR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.