1 hour ago , Analysts ratings network, top stories , fresh highs for gold , Peter Schiff
Re Mr Tibbs, think that news ,was a bit lost in translation lol
Lofty, The hedge ties them into paying off the debt at a fixed price when agreed, if goldprices rise as now ,the miner gains no benefit until hedge paid off, .The amount they borrowed is trifling compared , with future production potential.
Too much analysis, just sit back and enjoy the free ride.
RE LKH 1999 Payne Stewart died in lear jet in similar circumstances, chase jets clearly showed the windows frozen. Crashed when out of fuel.