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Gold/Mining/Energy : Gold Price Monitor
GDXJ 109.23+3.7%Nov 28 4:00 PM EST

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To: goldsheet who wrote (42577)10/10/1999 2:16:00 PM
From: baystock  Read Replies (1) of 116786
 
<<All gold stocks (hedged and unhedged) are diverging from gold bullion. The market still doesn't make the distinction...>>

The market clearly cares about hedged VS unhedged. The problem is that their are very few senior producers that are unhedged, so it may appear the market doesn't care. Just compare the charts of HGMCY and GOLD to ABX or ASL.

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