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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (288)7/22/1999 2:05:00 PM
From: Cape Blanco  Read Replies (1) | Respond to of 587
 
My guess is that even if the price of gold is falling if the dollar is falling faster then the price of gold goes up. Am I in the ball park or without a clue. Regards, Marc



To: ahhaha who wrote (288)7/22/1999 3:44:00 PM
From: ahhaha  Read Replies (2) | Respond to of 587
 
This news came out about this company a little while ago :

Murdy, who was named president on Wednesday, also said: "Clearly, as we move forward you'll see (gold) hedging activity done at Newmont."

What a clown. After all this they throw in the towel. Sure am glad I don't own this damn dog. I regret ever having said, "NEM doesn't hedge".