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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Jack of All Trades who wrote (167769)	5/23/2002 11:20:32 AM
From: patron_anejo_por_favor	Read Replies (1) of 436258

<<I have wondered if the closing of the DROOY hedge book is responsible for some of the move up POG...>> It's not just DROOPY...Anglogold, ABX and NEM have all stated that they're reducing hedges. DROOPY has just been more resolute and committed to a near term timetable. All of this is constructive for the POG in the short and intermediate (6-18 month) time frames.

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