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

To: Crimson Ghost who wrote (50993)	3/31/2000 10:17:00 PM
From: re3	Respond to of 116762

interesting point george. abx was trading higher b/4 the various auctions. so, having said that, who can blame abx for doing some hedging ? this thread is too extreme on abx either way, imo...it ain't the best buy in the gold sector, but this hysteria over hedging is way overdone. i bought some abx at 16 3/16ths and sold the april 17.5 calls for 11/16ths...so my cost base is either 15 1/2 or i sell at 17.5 in april (doubtful now but who knows) at a nice fairly quick profit...i can live with abx at 15 1/2...