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Politics : Gold and Silver Stocks and Related Commentary
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To: Condor who wrote (7794)3/2/2005 8:56:35 AM
From: TheSlowLane  Read Replies (1) of 18308
 
Condor - The other guy at the table works for Newmont Capital. I asked him if had seen anything that he likes at the conference and got a very ambiguous answer. Then I realized...oh yeah, like this guy is going to tell me what's on his Hot List. I think not. Newmont Capital has a half billion to work with, most of it is in Canadian oil sands. Nice hedge against rising energy costs (although they can't book it that way, but it still provides the intended effect). The cash flow from that position is very considerable.

Paul
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