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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Arik T.G. who wrote (90512)5/1/2001 3:06:21 PM
From: isopatch  Read Replies (1) of 95453
 
Arik. No leverage on the balance sheet

GLG has no LT debt.

siliconinvestor.com

If you mean increasing leverage to higher gold prices because of rapidly increasing production at their new mine? Absolutely.

Like AEM, HM, MDG and others that are increasing production, the impact from any appreciable rise in gold prices should result in explosive share price gains.

siliconinvestor.com

Hope that answers your question.

Isopatch
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