up another 7.8% friday, page-4

got this snip from a TOX poster!
"I'm hearing that gold companies are being offered forward sale contracts in excess of $1000 AUD for delivery in 3 yrs...you've gotta be able to make money at those prices...now its just a game of how much you hedge at that price."

CMX are forcasting 14000 oz of gold and 20000/t+ Cu for the first year.( '07-8 ) the mine is copper rich at the top and gold rich at the bottom according to the radiobroadcast on the 1/5/06
lets hedge the lot for the next 15 years eh.
cheers PC