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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (1668)	12/23/1999 11:21:00 AM
From: Enigma	Respond to of 3558

I can appreciate that - especially if you can write calls - but the big bucks may be made in the types of stocks I mentioned - stocks like FN used to be - ABX too!

To: re3 who wrote (1668)	12/23/1999 2:55:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 3558

Franco Nevada: is a gold royality company and is directly tied to both production and gold price. You are risking MUCH more with them, then a hedged company. And with bad mergers such as with Euro-Nevada, your risk grows. Newmont: is essentially unhedged, but it is the silver production that is offsetting the volatility. This stock will have a portion of it's equity price move up with gold, and that same proportion will move down with gold again. Saving grace for this company is Silver. The recent climb can be put down to the many takeover/merger rumours. Want pure plays, Buy the K:TSE, TVX:TSE, ECO and play the gold spikes Want something that will appreciate over time, and in most gold prices, buy PDG, ABX, FCX, NEM Hutch PS: nickel61, this is a ABX thread. gold talk and ABX are appreciated, not internets. :)