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To: yard_man who wrote (85573)	2/16/2001 8:45:06 PM
From: Joan Osland Graffius	Read Replies (1) of 86076

tippet, I am not going to worry about AU. The management has not hedged the whole farm, just part of it. Which in my opinion says they are bullish on gold. If they were bearish on gold they would hedge a lot more.<g> What I did with my basket of capital I wanted to put in gold was to put 50% in AU and 50% in GOLD, HGMCY with a small percent in the infinite stock call option DROOY. Thank god I used the thirds strategy to get these positions. Believe it or not I am ahead on one of these rascals. In my opinion these stocks are still cheap. I just wish the market would see things my way. Joan

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