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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.34

+5.2%

4:00 PM EST

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To: Enigma who wrote (53489)	6/1/2000 7:31:00 PM
From: Zardoz	Read Replies (2) of 116767

If you don't buy NEM above $19 maybe you'll never buy it? You're right, why buy NEM when there are better producers out there. PDG come to mind. There are always rumours, I could tell you of how many I've started that have come true. But for NEM to take over ABX would require a huge debt issue to ABX. For them to merge, there would need to be some overlapping of regions/productions. Most likely ABX & PDG makes a better fit. Although FN is a sign of a badly run company {inefficient} that is dier need of takeover. They should never have merged with Euro-Nevada. ABX chart: Don't like it. It hit the $28 CAD, $18.60 USD resistance twice, and is likely to fade over the next few days economical news coming from USA and Canada. Hutch

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