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cl001

04/23/07 3:18 PM

#70767 RE: cliffvb #70765

QUA, That's not what I remembered. According to plan, QUA was to be out of hedge in the late summer of 2006. But they hit an area of Robinson mine that was not processable. That's the reason the hedge just finished in Q1, almost 9 months later.
BTW, the hedge was QUA's decision, not for purchase of Robinson mine. QUA CEO apologized to shareholders about his hedge decision recently.
I believe QUA should have some good upside for the near term, especially after the recent dip. Just remember to take profit!