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To: Ken Benes who wrote (39119)8/16/1999 6:04:00 PM
From: Enigma  Read Replies (1) | Respond to of 116752
 
Well at least you always sing the same song? BTW where did you read that the Cbs want to keep a cap on gold? Why would they want to do this - just think about it for a second or two. d



To: Ken Benes who wrote (39119)8/17/1999 7:38:00 AM
From: long-gone  Read Replies (1) | Respond to of 116752
 
Ken,
You have near daily dumped on the producers - and all the producers, for the current low POG. The more the producers do to fix the problem, the more you have bad mouthed them in public.
I posted this to you yesterday. Please comment on it or be branded a trash talking short. Note, they are far form the only producer having made like moves.

From HM's most recent quarterly report to the SEC:
In July 1999, the Company closed out US dollar-denominated forward sales contracts covering 245,016 ounces maturing in the years 2001, 2002 and 2003. The pretax gain of $35 million realized as a result of this action will be deferred and recorded in income as the originally designated production is sold.

Sounds like their bullish on the POG near term.