Not recommending or advertising any of the following PM stocks. Look at the bottom of the following list and only choose the REALLY high percentage ones! These are the PM stocks that are hedged the heaviest.
IMO, after choosing a sure loooooossssser, be sure to do your own due diligence on how to buy high, holding on against the trend of the best industry going on for a second year, and riding your pick to lower prices. Do not be in a hurry to sell your pick.
Wait, then when your pick is in the penny or lower category, be sure to sell hoping for the lowest price possible. This will confirm and ASSure your position as a LLLLOOOSSER!
OK, now for reality: The worst position for a company would be to have a low production of precious metals and a highly hedged position like the ones at the bottom in the sewage sludge.
The best is ZERO hedging! The cream of the crop always rise to the TOP(arranged in alphabetical order)!
Gold HEDGING Position % of each company compared to their Yearly Production. (2001-2002)