Gold fwd deal with DB, but WOW ... 174K ozs in 48 months!? That's a pretty tall order. That's also $260M! Doesn't sound like they got a terrible deal tho, with the $1700/oz cut-off. Of course, $1700 gold is only $30 away these days. I'd like to think PTQ re-negotiated the cut-off on their DB deal. :p
"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." -- Thomas Jefferson