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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (210519)12/18/2002 9:37:23 PM
From: Broken_Clock  Read Replies (1) of 436258
 
Yup. They like to get in and out in a hurry. me too. -g-

GG has no hedge but they also have little upside in earnings. They mine gold for next to nothing and still can't make more than a dime a year. What crap is that? The higher the cost to produce for a miner the more they are leveraged on the upside.

i.e. PDG cost per oz @ $200 = $100 @ $300 pog or $200 profit at $400 pog

GG is like $125 production. they've been hauling in profit all through this bear and still can't show numbers. Sounds like an I-net to me. -g-
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