Then here's another "ridiculous" example Tweetie2000. Woteva has...

Then here's another "ridiculous" example Tweetie2000.

Woteva has predicted gold at US$5000 early in 2011.

Have you worked out what ADU's mark to market loss on its hedge book would be at US$5000?

"The contracts form part of the financing package for Southern Ashanti, and provide for deliveries totalling 290,000 ounces of gold over the first 5.5 years of operations at US$1075/oz..."

Try a cool US$1.16 billion.

As I believe gold is going to rise substantially in price, I'll be ataying well clear of this situation.