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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: d:oug who wrote (92677)	1/17/2003 8:03:08 AM
From: d:oug	Read Replies (1) of 116790

GATA Walk (or) Seeing is believing: hedged v. unhedged . Source: groups.yahoo.com group gata . message 1390 Seeing is believing: Hedged vs. unhedged gold mining companies . Dear Friends of GATA and Gold: . A friend asks for a chart comparing the performance of the shares of hedged and unhedged gold mining companies.... . As for hedged companies, who else but the infamous Barrick Gold, whose share price today is actually lower than it was a year ago, despite gold's tremendous rise? . The difference is more than 100 percent. . So this chart may be most instructive:..... . CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.

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