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Gold/Mining/Energy : Cambior Mining Inc. -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (19)12/15/1999 9:42:00 PM
From: Alan Whirlwind  Read Replies (2) | Respond to of 45
 
The company hedged too much under $275. If gold collapses to $250, you can expect a big rally. If Gold creeps over $300 I think the company will go belly under, or at least be so severely crippled that it will have to sell out on the market a lot of good investments it has made over the years to asure continued production growth. The banks and creditors are running the show now.