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

To: Tunica Albuginea who wrote (42599)	10/10/1999 1:16:00 PM
From: Enigma	Read Replies (2) \| Respond to of 116764

Yes - of course - the POG is affected by many factors - including perception - and if people think that hedgers are having difficulties then they might anticipate a rash of short covering - or forced (?) mergers as with ASL d

To: Tunica Albuginea who wrote (42599)	10/10/1999 2:02:00 PM
From: John M. Willis	Respond to of 116764

I t seems to me that a lot of the Gold Miners that hedged up to this point did quite well for themselves. This to me seems like they anticipated the market quite well. If we look at companys like ABX and see their recently hedged prices and volumes as compared to the past it should give an important indication where prices might be headed. Billion dollar company's may be wrong in judging the market but it won't be from a lack of information and brainpower.