PXG has been a real sleeper in the recent pog spike. Bought some...

PXG has been a real sleeper in the recent pog spike. Bought some recently. Previously was sp being propped up at present levels for a cr, hence lack of upward movement? OR is sp being held down for a cr currently by the predators explaining present sp - or general investor fear of imminent cr?

I am against gold hedging in principle, but for a company making event to get the business up and running and pay back debt quickly, in these tough conditions, I could forgive management going this way, short term. Was it 18 months to pay back debt for the big non-staged option - hence hedge for less than 18 months at AUD 1500 pog?

If DFS is good at $1350, hedge at $1500+ must be considered, don't you think. To gain producer status.