At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: Bobby Yellin who wrote (640)	7/8/1997 1:55:00 PM
From: Goldbug23	of 1911

Bobby, Peter Munk has to be one of the smartest gold operators. At the moment his hedged position looks good unless it is too long at three years production. If some event turns gold around it would not look so good and Homestake and Placer would then look better. Time will tell who is the smartest. I hedge by buying HM,PDG, and ABX and a few bullion coins.While I still have a small profit it is nothing like it was about a year and a half ago. One must be willing to ride out the storms. If I wasn't full up I would be buying more. Best, Jim

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