The Aden Sisters have just issued a bulletin through kitco.com indicating that we are approaching the bottom levels of the current correction. With this in mind it would be a good move to take out some or all of the hedging at the low point in the current market cycle rather than waiting for the POG to be higher. Which ever way it goes it may not make much difference to OGC's fortunes for the current year. My main concern is an increase in capital/shares as this is going to dilute earnings per share and the Canadians who trade on the TSX are often wary of companies with expanding and dilutive share structures.
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