Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 08-28-2008, 08:11 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
Join Date: Apr 2003
Location: Hooverville
Posts: 21,829
Originally Posted by headingout View Post
Don't many of the precious metals mining companies sell some production forward? Why would their business model would be so different from big oil?
Many of the large oil companies have more refining and marketing capacity then they have production, so they are net buyers of crude. They might be natural buyers of forward contracts, not sellers. It depends on production vs refining capacity.

I can't say what the integrated companies actually do, because I don't own any and so don't read their filings or listen to their webcasts. My guess would be that they are all different in how they approach this.


haha is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Have You Ever Revealed Too Much Skin In Public? Danny Other topics 27 02-20-2007 06:46 AM
What Oil Should I Use to Oil Cutting Board haha Other topics 16 11-25-2006 11:36 AM
Oil, Oil, Everywhere . . . marty Other topics 1 05-17-2006 02:05 PM


All times are GMT -6. The time now is 07:34 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.