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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%Nov 12 4:00 PM EST

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To: lorne who wrote (88705)8/11/2002 10:25:29 PM
From: long-gone  Read Replies (1) of 116756
 
<<CEO Robert McEwen said Goldcorp is holding back some of its 600,000 ounces of annual production in inventory, and went into the market in the second quarter to buy extra gold in lieu of operating cash it keeps on hand. >>

Does this say they are (in effect) borrowing money to buy gold? Can we say, "Texas Hedge"? I knew you(all) could.
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