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

To: Ken Benes who wrote (52320)	5/4/2000 12:34:00 PM
From: goldsheet	Read Replies (1) \| Respond to of 116762

> Looks like the pattern continues. Nem outperforming barrick as investors favor unhedged companies Both firms have done pretty well this week (abx +13%, nem +18%) Exception to your observation: Placer Dome is up over 20%, and they have as much hedged as Barrick. (9.3 vs. 9.8)

To: Ken Benes who wrote (52320)	5/4/2000 1:42:00 PM
From: long-gone	Respond to of 116762

<<Looks like the pattern continues. Nem outperforming barrick as investors favor unhedged companies.>> Ken, While I agree an unhedged miner gives the most upside reward, I wouldn't judge moves to quickly. It may well be based on current stock price ONLY. There are those "investing" in this market which pour money into the highest priced issue in any sector, without regard to any other factor, when that sector begins a move.