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Gold/Mining/Energy : Gold Price Monitor

GDXJ 93.98

+0.6%

Nov 21 4:00 PM EST

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To: Casaubon who wrote (44317)	10/29/1999 3:21:00 PM
From: tyc:>	Read Replies (1) of 116764

:I like selling risk beyond what is reasonable..." SOMEONE has to accept the risk of falling metal prices. The rightful carrier of that risk is the Mining Company and its shareholders. One quotation sticks in my mind; way back before Dome Mines combined with (can't remember the name now; long before it combined with Placer), the president was asked to comment on low metal prices. He replied "Don't ask me ! We're just a mining company. Our job is to mine, and we will keep on doing that efficiently as long as we are able." A GREAT attitude.

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