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

To: Bob Dobbs who wrote (42386)	10/7/1999 5:05:00 PM
From: Robert Dirks	Read Replies (2) \| Respond to of 116764

BARRICK down 1.25 $C and PLACER down 1.80 $C today. The Hedger punishment continues. Does anyone know Placer's Hedge? Sold my Gold Fund today as they hold too much BARRICK. I never liked ABX as they always braged about how much they had hedged forward, even if it's 25% it's not good for the Gold market.

To: Bob Dobbs who wrote (42386)	10/7/1999 5:39:00 PM
From: Ken Benes	Read Replies (3) \| Respond to of 116764

Amen: The bright minds of finance created the instruments of finance, and the producers put their shovels aside only long enough to sign on the dotted line. The greater fool theory has a new connotation, the producer who could sell more and more of their valuable in ground resource for a lower and lower discounted price. Ken