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


To: LLCF who wrote (53847)6/6/2000 3:04:00 PM
From: Enigma  Read Replies (1) | Respond to of 116778
 
I think you're dealing with a moving feast not a fixed table setting. If you have doubts avoid the stock! But the stock market doesn't necessarily agree - it's a complex issue - not just the hedging which is by no means total - and not particularly material - but the outlook for the company through increased production - I don't know the answer to this - maybe Bob does - but is there another company that has better prospects on the growth side?



To: LLCF who wrote (53847)6/6/2000 3:10:00 PM
From: goldsheet  Read Replies (1) | Respond to of 116778
 
I'm all for full disclosure of all hedging positions.
There are some mining firms that don't hedge gold but have huge currency hedges. ($A, $C)

P.S. DPM should be a nice long-term buy, espeically if gold stocks move and the discount shrinks. I bought Orange Free State many years ago when it sold at a discount to its holdings of Free State, the rand was weak, and gold was low. All three factors improved, and I had a nice triple.