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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: GC who wrote (20810)11/8/1999 9:37:00 AM
From: C Hudson  Read Replies (3) | Respond to of 34075
 
There is one potentially HUGE advantage to MYNG. Should the Price of Gold sustain a large rise, the market of gold mining companies is wrought with confusion about the amount of hedging a company has done. There are gold mining companies that stand to LOSE with a rise in the POG. A company like GE would be sought after with a Price of Gold over 400. I have no doubt of that. (no if gold would just get over 400...LOL)