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Gold/Mining/Energy : Silver prices
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To: koan who wrote (2241)10/17/1999 12:55:00 PM
From: marcos  Read Replies (1) of 8010
 
ML's 06/10/99 chart showing "R^2 or Correlation to Changes in Silver Prices";
Sunshine ........... 47
Hecla .............. 41
Apex ............... 39
PAA ................ 31
Coeur .............. 30
Peñoles ............ 20
Buenaventura ..... 16
Homestake ........ 10
TVX ................ 08
Kinross ............ 08
Placer ............. 08
.. the rest quite low .. numbers are an eyeball estimate of a bar chart.

I assume they're talking here about their perception of the theoretical sensitivity of respective market caps to a given move in the PoS ..... cheers
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