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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.70

-0.3%

Dec 5 4:00 PM EST

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To: Ken Benes who wrote (44873)	11/11/1999 5:53:00 PM
From: Enigma	of 116796

Ken - you're a quick one! The price is irrelevant - the company lays on a hedge in a methodical manner - it doesn't say 'well let's see, the price looks a little low today, maybe we shouldn't hedge today - lets wait for a day or two and see if it goes up' I don't think you've even begun to think how this is done.

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