Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LLCF who wrote (7474)	3/2/2006 10:11:15 PM
From: SwampDogg	Read Replies (2) of 78410

The ABX portfolio was especially attractive before the PDG deal due to a low cost of production, elephant deposits, and very high silver production. G I am sure that few if any would argue that they would have been better off dealing with the hedges once and for all anytime over the past 5 years. If this bull market continues (which ABX management believes that it will) we will look back in a couple of years and wonder why they were not covered below $600. The stock has lagged despite great assets and that comments to their strategy of not being more aggressive in covering. There can be little argument about that. Definitely a great stock if they deal with it. BTW I am having a hard time adjusting to seeing Ag above $10.00. Great to see and certainly confims things

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