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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

Nov 26 4:00 PM EST

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To: Zardoz who wrote (42542)	10/12/1999 12:37:00 AM
From: Rarebird	Read Replies (2) of 116768

< Hmmm I was wondering if the companies like Barrick & Placer Dome have sold the shares of other gold producers that they own? Seems to me that many here might have forgotten this as the price has climbed... Comments? > I think Barrick and Placer Dome would be totally focused on their hedge exposure right now. It is true that Gold outperforming the shares is usually bearish. However, the yellow metal is only outperforming the stocks of the hedged miners, which could be taken as bullish. I don't think Y2K is having any effect yet- that is still to come! There is another powerful leg up coming!

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