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Precious Metals Mining Company (Pmm Co.) Is A Domestic Publicly Listed Precious Metals Producer Focused On Mining, Developing, And Exploring Properties.  It Currently Operates A Wholly Owned Gold Mine, In Addition To A Number Of Early And Advanced Stage Exploration Properties In The U.S.  Pmm Co. Consumes A Significant Amount Of Diesel Fuel In Its Daily Operating Activities For Transporting Waste Rock And Ore In Large Haul Trucks And For The Expansion Of Its Mining Facilities.  As The Market Price Of Diesel Can Adversely Impact The Company’s Production Costs And Hence Earnings, The Company Economically Hedges Its Forecasted Diesel Fuel Consumption With Gulf Coast Ultra Low Sulphur (Gc Uls) Diesel Swaps.  Under U.S. Generally Accepted Accounting Principles (GAAP), These Diesel Swaps Have To Be Accounted For Under Mark To Market Accounting With All Changes In Their Fair Value Recognized Currently In Earnings, Thereby Potentially Increasing Earnings Volatility.  However, If The Company Was Able To Qualify The Swaps For Cash Flow Hedge Accounting Treatment, Then Changes In The Effective Portion Of The Swaps’ Fair Value Could Be Deferred In Other Comprehensive Income Instead And Not Have An Impact On Earnings Until The Underlying Forecasted Diesel Consumption Actually Impacted Earnings.  Pmm Co. Approached Opportune’s Derivative Valuation Team To Assist With The Complex And Extensive Requirements For Qualifying Its Diesel Swaps For Hedge Accounting Treatment Under Us GAAP.