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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: russwinter who wrote (64469)	2/26/2001 5:31:54 AM
From: TheBusDriver	Read Replies (1) of 116759

<<But, at the $300 threshold, those top 20 percentile projects will be at a premium. The successful model will have very low cost production only, and will be unhedged and uncapped to take advantage of high gold prices. Those are the companies that will get the extra valuation premium.>> Russ....sounds like you are talking about GLG here<smile> glamis.com wayne

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