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Gold/Mining/Energy : NORTHGATE EXPL (NGX.TO)
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To: dave rose who wrote (14)6/6/2002 1:49:10 PM
From: tyc:>  Read Replies (1) of 158
 
To temporize; to avoid committing oneself. (i.e. to stall for time).

To make large forward sales at a market low that we had early last year when the project loan was arranged, might not have been prudent (in their eyes); so they temporized by selling short term calls.
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