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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
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AGORACOM News Flash

AGORACOM WIRE .... TUESDAY FEBRUARY 14TH

UPDATE 1:30PM

Graphite is the Emerging Investment Story of 2012

Graphite Investment Conference Vancouver

Hotel Vancouver | BC BALLROOM | 2-4 PM | February 23, 2012 - Attendance is free

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Breaking News ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

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Message: hedging

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Re: hedging

in response to Re: hedging by sharky
posted on Nov 20, 09 06:22PM

They hedged at $46-$49 because they had to, no choice.

Timing is a game that not to many people win at. If they hedge today for example they can probably get a 6-9 month hedge at about $82-$83. They stand to lose more on a big WTI drop then they can gain on a price increase. Protecting the downside right now is probably more important then trying to squeeze the last $ out of WTI.

Just think what a hedge for 6-9 months would have protected last year at $100.

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