| 1. | There would be a corresponding capital loss on the forward sale.
|
| 2. | The risk of forward sales is offset in the futures market.
|
| 3. | The costs of borrowing for forward sales have also gone up.
|
| 4. | Mining companies complete forward sales as a hedge against falling prices.
|
| 5. | It was the largest single forward sale ever, Munk said.
|
| 6. | Gold producers use forward sales to lock in prices for gold not yet mined.
|
| 7. | What you need is a low-cost producer who has a solid forward sales book,
|
| 8. | Newmont will deliver it as the forward sales come due.
|
| 9. | The gold producers are beginning to halt their forward sales.
|
| 10. | The forward sale transactions won't be completed until February 2008.
|