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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: David Zgodzinski who wrote (182661)7/23/2002 6:03:27 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
Excellent points, Dave! My take is that the non-hedged gold companies are undervalued at current prices and for where I see the POG over the next year (avg price around $350)...therefore the downside probably will be tempered (with any luck, it's already behind us). Heinz of course felt that the absolute bottom on the POG would be around 300 and the HUI around 100, if he's right (and he often is when it comes to gold) then the bottom is close in price if not in time.

Regards

Patron
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