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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: Stephen O who wrote (1723)7/24/2001 8:26:41 PM
From: Claude Cormier  Read Replies (2) of 4051
 
<They would still be producing gold and selling 3/5 at $270 and 2/5 at $350. >

Are you sure that the options do not need to be market to market after each quarters... There were some new regulations on that recently.

Anyway, they would still loose $80 on 60% of their production, removing a lot of leverage. The stock would still go up for sure, but maybe not as much as expected.
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