BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: Bill Jackson who wrote (26779)	9/8/1997 11:05:00 PM
From: IngotWeTrust	of 28369

Error #4, Bill: lemons aren't sweet. Guess Martha Stewart's area of expertise is safe also. Commodity hedging removes the risk pal, not increases it...especially if you have "gold in inventory." To be naked out there swinging in the breeze gold price wise is totally incomprehensible. Why can't you cut costs of production at your small pit? Good grief! Being a faucet,-turning on and off production-isn't your only option when you are admitting to playing it that close to the razor's edge, margin wise. Your candor about what you keep your company's operating funds in is an enlightening commentary. Others should sit up and take notice. Most of them probably think you (and all small, medium and large outfits) have only cash and cash equivalents, just waiting for the next drill hole "invoice" to be presented. Say, Ken, what do you suppose ole BGO's CFO has BGO's funds tied up in? HMO's or semi-conductor equipment mfgrs? Even ole Bill admits he's playing in the equities markets w/company monies, altho' he won't say which ones... fascinating stuff here, rrman...beatin' the truth outta ole Bill instead of flogging a dead horse(bre-x) Heh heh heh

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