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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (52093)5/26/2002 10:08:36 PM
From: t2  Read Replies (1) of 65232
 
Placer Dome Offers $1.1 Billion for AurionGold

biz.yahoo.com

This should be good news for sector; smaller companies might get a further run up on this. The comments on what PDG plans for the hedge book of AurionGold should also be positive for bullion.

...and I thought the gold stock run up had ended last week for a bit of a breather.

The amount of the premium for the unsolicited offer is a good sign for gold stocks. You can bet they will increase the bid a bit.
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