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To: russet who wrote (48460)	2/7/2000 6:42:00 PM
From: Edmund Lee	Read Replies (2) \| Respond to of 116758

ABX good company. Lost 50 cents today. Shareholder should have no complain because other gold shares lost more. How did it start? I guess trader sell on ABX's good news. I am not happy because I am not an ABX investor anymore. I sold my 1500 shares right after I found out they have a big hedge book. ABX? Those who live by the sword.

To: russet who wrote (48460)	2/7/2000 6:44:00 PM
From: Bobby Yellin	Respond to of 116758

ditto Russett on all :-) (wonder if SI would change the title of thread)

To: russet who wrote (48460)	2/7/2000 7:04:00 PM
From: IngotWeTrust	Read Replies (4) \| Respond to of 116758

Yo'Russet...just what is it that ABX said today that makes you so certain ABX is now acquiring naked long gold calls? Have you forgotten they are at least 3 call-writes for each long put...and that is just the "average producer" deriv strategy...who knows how many lockouts and double no-knocks ABX has on? That means they have to buy back 3 for every one they've written just to get "normally" flat. Making that categorical statement in your post makes no more sense to make that kind of announcement or extrapolate that from what I'VE read today, than it did for ABX to shoot themselves in their shareholder foot by their lease/shorting games in the first place!!! Look at their stock price fer goodness sakes. Two things are wrong with your rosy scenario... A If ABX was all that profitable, why is their stock in the tank? B And if all they had to do was "write calls" and send beaucoup "POG RALLY bucks" direct to their bottom line, then why did they announce a dramatic, percentage wise increase in their annual production, and have been busy highgrading their various ops to reduce costs per oz while they are at it? And those who say it is impossible for ABX or anyone else to "high grade" an open pit/heap leaching gold operation haven't seen their head in a long time...because it is so far up their a&&, it's too hard for them to see anything!!! Sure hope it wasn't any GPM friends of mine that made that dumb statement!<ggg> Otherwise, your two cents are fun to read... O/49r

To: russet who wrote (48460)	2/7/2000 7:19:00 PM
From: goldsheet	Read Replies (1) \| Respond to of 116758

> Your comments and website certainly have helped me in the last year. You're welcome. I glad you find the website useful. Huge traffic increases on Friday and today. I updated most of the charts, fixed several pages, typed a bunch of posts here, and now my wrists hurt. No good deed goes unpunished ;)