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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: baystock who wrote (48725)	2/9/2000 9:36:00 PM
From: Gord Bolton	Read Replies (1) of 116764

<<What point was I trying to make?>> Some of us old grey haired fellows were talking about the POG, how hedging can spoil the gold market, the fact that a heavily hedged producer no longer provides leverage to increases in POG and so on. Some of us were trying to identify a gold stock which might provide leverage. I suggested that CRJ might be in a position to provide much better leverage than ABX. You wrote; To: Gord Bolton who wrote (48588) From: Ram Rao Wednesday, Feb 9, 2000 10:38 AM ET Reply # of 48726 <<"I am a novice investor." >> "Yes that does show through when you compare a junior like Claude to ABX. How about comparing it to other juniors such as geomaque ? You will find that comparison much less favorable." at the end of the day Wed Feb 9 9:26pm ET - U.S. Markets Closed. Symbol Last Trade Chg Volume Shrs Value Value Change CRJ.TO 3:55PM 0.96 +0.22 179,400 - - - +29.73% - - - ABX.TO 4:40PM 26.60 +1.60 2,277,731 - - - +6.40% - - -

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