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Fisher

07/13/10 3:28 PM

#19855 RE: teomax #19854

Did they resolve the bank financing problems in regards to meeting their debt obligations?
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cl001

07/13/10 8:10 PM

#19858 RE: teomax #19854

BRD: You guys have such a poor memory? AGT hedged ~60+K oz/year at ~880, remember? That's why it could not pay back the debt even with sky high gold price last year!
More than half of this year gold production will go to the hedge book. 65 million cashflow is a pipe dream. This post is a joke.
However, it does look interesting with the strong balance sheet from linear gold. I am watching it.