Its simple, they are losing $$$$$'s every time the POG creeps up directly attributable to their managements policy of being a hedged producer. Only chance SGW has IMHO is if they go.
Can you reason as to why they are adamant on remaining a hedger, when all the majors are unwinding their hedge books?
I'm shorting SGW and making a killing doing so.
SGW
sons of gwalia limited
testing a double bottom, page-3
Add to My Watchlist
What is My Watchlist?