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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: William Peavey who wrote (42205)10/5/1999 4:59:00 PM
From: lorne  Read Replies (2) | Respond to of 116837
 
Canada Needs North American Currency Union, Think Tank Says
Tue, 5 Oct 1999, 4:45pm EDT
quote.bloomberg.com



To: William Peavey who wrote (42205)10/5/1999 6:43:00 PM
From: long-gone  Read Replies (1) | Respond to of 116837
 
re: leveraged

All gold mining firms are leveraged because none have their reserves valued at the price above ground. In this sense, they have more UPSIDE(or less downside) leverage than any other mining firm - in NEM's official opinion.