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Gold/Mining/Energy : Precious and Base Metal Investing
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To: dara who wrote (31959)10/31/2004 10:42:18 PM
From: Claude Cormier  Read Replies (1) of 39344
 
CEF is a close end fund that invest almost 50% in gold and 50% in silver, listed on the TSX and the Amex. Their metals is stored in canadian Bank vaults. It was recently selling at a significant premium to gold and silver prices. I think it still is.

GTU.UN is a gold trust. This means in theory that you own trust units instead of shares. The trust owns gold and only. It also sells at a premium to gold prices which is currently 13%.

Both have Philip and Stefan SPicer as part of the management team.
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