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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: russwinter who wrote (334)6/9/2000 10:54:00 AM
From: Enigma  Read Replies (1) of 4051
 
I think you have to look at the quality and quantity of the hedgers mining properties. At one extreme you might have a company with its main property in a trouble spot of some kind - trouble of any kind - on the other hand you have a company with many mines - if one can't deliver then there are others to take up the slack. Even if thse companies were unhedged you'd have the same potential problem with delivery - not the same problem - but a risk all the same. BTW I haven't seen you over at PGD - are you still a holder?
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