GOLD Message Board - Msg: 17348868

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Gold/Mining/Energy : GOLD

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To: Tommaso who wrote (171)	4/18/2002 11:28:23 AM
From: LLCF	of 203

Yea, this is a preferred.... pays .00875 x POG = annual div [on a quarterly basis] and at payout you receive 1/10 POG. Sooo, although you have FCX credit risk, you also own gold with POSITIVE carry to the tune of almost 10% with POG @ $300. DAK

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