Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alex who wrote (58338)	9/19/2000 2:04:10 PM
From: Ken Benes	Read Replies (1) of 116762

Although this is a particularly egregious example of the management of a gold company running the company as their own personal fief, the management style of this company could be extrapolated thru out the gold industry. The ceo's of few of the producers take into account the interest of the shareholder when determining corporate policy. The documentation made public over this past year or so offers substantial evidence that much of the hedging engaged in by the big producers have benefited the brokers, bankers, and other professionals with little interest in the companies other than profit or exercising a political agenda. The producers swallowed the bait, hook line and sinker and are now snagged to the agendas of those entities that attractively packaged the derivatives. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next