BSG bolnisi gold nl

Gold

  1. 668 Posts.
    Gold has hit a high so far of 314,50 presently down again at around 312, however the US market has not opened and the POMs always seem to sell gold lower.

    I have been reading a lot about hedging and how it is hurting gold producers. One Australian company that is totally unhedged and debt free is BSG. Currently producing 100.000 ounces per annum at a cash cost of $150.- and a second mine is to commence operation next year. Go to their website www.bolnisigold.com.au and check it out for yourself.
 
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