Saracen's super Super Pit deal

PAYING one-third of your market capitalisation for a gold asset that just about doubles your production makes sense every day of the week, writes Barry FitzGerald.

Saracen's super Super Pit deal Saracen's super Super Pit deal Saracen's super Super Pit deal Saracen's super Super Pit deal Saracen's super Super Pit deal

Saracen managing director Raleigh Finlayson

Make that doubly so if downside risk to a fall in gold prices can be protected against using some astute hedging while prices are at near all-time highs in Aussie dollars, and the asset is truly