SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Winter in the Great White North

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (1295)8/20/2001 2:14:31 PM
From: tyc:>  Read Replies (1) of 8273
 
Can't see anything to be gained by studying Pasminco.... are you suggesting that Pasminco is typical ?

However, there is an interesting situation in Teck/Cominco, which only recently became a base-metals company simply by the stroke of a pen.... it was transferred from the TSE/SP Gold and Precious Metals index to the Metals and Minerals index. I have feeling that it was this impending move that caused the precipitous drop in the price of the stock. Who wants to hold something in the Metals and Minerals Index ? (Certainly not the Gold and Precious Metals Funds ).

And yet Teck's very nice gold holdings remain. Oh yes ! They include Gold assets in Australia that are heavily hedged in Aussie dollar terms. Haha !
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext