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Re: profiteer11 post# 1868

Wednesday, 01/21/2009 6:56:09 PM

Wednesday, January 21, 2009 6:56:09 PM

Post# of 4492
wow... more HEDGES.... Sure everyone loves the cash now, but when Gold hits $2k per ounce CDE will tank , it works exact opposite for long term investors.... sure if Gold stays flat it will be fine , but watch Gold will EXPLODE and CDE will be penalized... hedging in this enviroment is LAME - CDE Management does not think about shareholders , they could care less if they harm us for years to come when Gold price explodes, as long as they have cash now to pay their monster salaries and bonuses.... lame...
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