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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Exsrch who wrote (426)	6/27/1999 10:28:00 PM
From: Wade	Respond to of 48092

Exsrch, Thank you for explaining the hedging programs to me. I had it wrong for several years. We are at the bottom of ABX price chart because POG is at ~30 year low. This stock still can move lower if the POG keep on sliding. I will have to bail if POG drop another $10-20. I will not allow my loss grow larger beyond recovery. In contrary, the juniors stay for the real long term. I treat them as the dead money already...not even bother to check the quote<GG>. Good luck.. Sincerely, Wade