Northgate Exploration Limited - TSX: NGX; AMEX: NXG Message Board

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Gold/Mining/Energy : Northgate Exploration Limited - TSX: NGX; AMEX: NXG

NXG 50.72

+1.3%

3:59 PM EST

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To: tyc:> who wrote (57)	8/25/2004 12:59:29 PM
From: Northern Marlin	Read Replies (1) of 148

...curious to know how this guy knows the In-the-money options represent "naked shorts". I'm not able to comment on this. I went to the NYMEX web site to see if I could figure out what he meant, but to no avail. I don't even understand why holders of physical gold "need to hedge their holdings". Phil

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