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Pastimes : ask Luc about gold -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (277)11/10/1999 8:15:00 AM
From: re3  Read Replies (1) | Respond to of 357
 
abx already imploded,thats the point imo

i think the pog will be higher at some point...if gold stays under 300 abx is fine...i sell the calls anyway on it...

i think there is too much hysteria about abx's hedging situation...

and if they got in over their head , they've had some opp to buy back some gold at these prices.

we are also heading into ira season here...abx is part of toronto indexes and people buying our equivalent of your spoos will end up accumulating abx as part of that...