Short term gold price pain should not be a factor for BLK as we have more than a quarter production still hedged around $1726. This was a masterstroke from management to not utilise any of this in the June quarter and still get high $1600's. At least they got one thing right. Nice little buffer here for this quarter in mo.
BLK Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held