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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (33495)11/3/2000 10:32:56 AM
From: pater tenebrarum  Read Replies (2) of 436258
 
bit late in the game i'd say. although, in a really big gold rally, they should go out of business fast...

their properties are nice, but their reserves are puny compared to those of the South Africans... in fact, ABX is more of a hedge book than anything else. one really wonders how come the market values their reserves by a factor of 60 or 70 higher than DROOY's. it should be the other way around.
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