DRM also has about half of production hedged in the first year...

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    DRM also has about half of production hedged in the first year at $1620.

    SAR also has some hedging.

    I would be wary of our largest producer NCM which has a

    large debt. Looks cheap but that is for a reason.

    Obviously If POG moves north strongly a rising tide will

    lift all boats.
 
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