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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.04-1.4%Nov 17 4:00 PM EST

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To: Enigma who wrote (23919)12/7/1998 10:55:00 AM
From: Zardoz  Read Replies (2) of 116762
 
"Hutch - there's bias, and there's bias - you take the cake! If PGD becomes immensely more profitable don't you think this will be good for the stock price and also the XAU?"

XAU: Depends on HOW that profitablity comes about. If it's from under cutting other producers gold sales {such as ABX with a higher weighting}
NO!

If it comes from mining proven assets at a low cost. Good for them.
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