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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Richard Mazzarella who wrote (13042)	6/14/1998 8:31:00 AM
From: Enigma	Read Replies (3) of 116779

Richard - leverage to price of gold increase. Actually you should be looking for companies with high/ercosts and even some debt. These are the companies which always soar when gold rebounds - and fall when it craters. The leverage is due to the fact that they are suddenly profitable when the cost threshold is passed or anticipated being passed. Some of the S. Africans come to mind and Kinross (TSE: K) E.

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