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gold stock on pe 1 - 2011, page-11

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    JID you been reading my mind on hedging or what?
    I agree totally with your post re hedging
    Hope BJ has some type of country insurance as well as not too worried about geo political risk as USA is just next door but there is still risk of nationalising assets with any of these latin countries.
    If they got nationalised and had to pay back the hedge without some type of insurance it could be a terminal situation
 
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