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

To: russwinter who wrote (48062)	2/5/2000 9:47:00 AM
From: Enigma	Read Replies (2) \| Respond to of 116752

I agree with all that - and I agree too that the pressure on ABX will be great and there will be a lot of interest in their news conference on Monday. Even if they don't do something they will be forced to say something. And for now, to be a 'non-hedger' will be highly fashionable and will pay off in the stock market. And the exploration companies, like you know who, will benefit through leverage - though those with projects at the development stage might have to hedge to satisfy their bankers. BUT - if we get a quick run to $400 I see hedging starting all over again. The pressure to lock in high prices will be irrestible. How nice to discuss something in a civil way!