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Gold/Mining/Energy : At a bottom now for gold?
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To: William Peavey who wrote (864)11/2/1997 8:13:00 PM
From: John Barendrecht  Read Replies (2) of 1911
 
We deal with a Swiss company on a continuing basis, so we watch the currency closely. About 2 years ago when I was there, it cost me C$1.29 to buy a Swiss Franc, last week the cost was 80 cents. So, I am not sure what you mean with "their currency driven even higher". We could have saved $1.5 million by waiting a couple of years to make a purchase.
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