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Gold/Mining/Energy : Metallica (MR T)
MR 5.360-80.8%Nov 13 4:00 PM EST
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To: Pete Mimmack who wrote (210)10/7/1999 3:49:00 PM
From: Traveling Man  Read Replies (1) of 263
 
Pete,

It has surprised me to see how many producers have basically devalued their long term assets for nothing but a little bit of security in a disastrous market.

For majors who haven't hedged and are run like a sewing machine,check into Franco Nevada at www.franco-nevada.com.
What a company.

If Au holds here, I think it would behoove CBJ to get this thing into production,even with the hedging problem.

TM
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