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Strategies & Market Trends : Strictly: Drilling II

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To: Roebear who wrote (3976)11/16/2001 11:03:40 AM
From: Roebear  Read Replies (1) of 36161
 
Frank,
Got my own pencil, here it is as I posted on SecurityTrader:

Message:
$1NEM=.425 XAU, $1AU=.426, NEM drop 4=-1.7 AU increase 1.45=+.62, Net to XAU=+1.08. FCX also had a drop of a dollar due to retreat of Copper lately, also fairly large, see:

phlx.com

Check my figures, thanks

The question posed to me there was did the rise in AU after NEM offered to buy Normandy compensate for the drop in NEM.

=/- of stock prices were figured from Mon for NEM and Tues for AU, seemed to make most sense.

Roebear
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