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To: Zardoz who wrote (58008)9/9/2000 10:00:38 PM
From: robnhood  Respond to of 116756
 
OK HUtch, I don't know the difference between a future and a forward... I assume that the theory goes that the buyer really doesn't want delivery until the actual date, and therefore is not offsetting his purchase in the spot market. If in fact that is the case , than I stand corrected.

I think that closing mines becomes not a solution to some management. No mine, no job...

Good point on buying gold calls....

PS: Gone on holidays. ---- Lucky guy.....I've been back for 3 weeks, and feel like I need another one....



To: Zardoz who wrote (58008)9/10/2000 4:53:43 PM
From: Bobby Yellin  Respond to of 116756
 
we miss you already..have a great time
bobby



To: Zardoz who wrote (58008)9/11/2000 8:27:50 AM
From: PaulM  Respond to of 116756
 
I'm sure you've noticed that since at least April of this year, there is a very consistent negative correlation between the US dollar index and US stocks. (Seems to be shaping up that way this morning as well).

Do you have any speculation as to why that is? I would say that the strong dollar is hurting earnings expectations but the relationship seems too strong and regular to be just something fundamental like that. I have other suspicions, but am curious to hear yours.



To: Zardoz who wrote (58008)9/11/2000 10:15:18 AM
From: teevee  Read Replies (1) | Respond to of 116756
 
Hutch,

Do you have any interest in PGM's? For your interest:

Message 14361275

Top Picks: Lawrence Roulston's Top Picks Part II

Toronto, ONT, September 11, 2000 /SHfn/ -- Lawrence Roulston, editor of Resource Opportunities, a newsletter specializing in emerging resource and technology companies, shares with StockHouse six stocks he feels could move significantly higher over the coming year.
------------------------------------
SouthernEra [T.SUF] is best known as a diamond producer and explorer. But Roulston says it is one of only a few companies in the world with an advanced stage PGE project. The company has a 70% stake in the Messina project, located in the Bushveld of South Africa, the world's largest source of platinum and second biggest palladium resource.

Roulston says Messina is similar to Platexco's [T.PTX] project (also in the Bushveld) that is being taken over for $191 million by Implats. Yet with a market cap of $49 million that takes into account both Messina and a diamond mine, the analyst feels Southernera is significantly undervalued.

Back in June, after watching the stock lose 70% of its value over the previous year, shareholders seized control of the board of Southernera, forcing Steve Banning to quit as CEO; founder and chairman Chris Jennings is currently running the company. Roulston feels the appointment of a new president will get the company back on track. Although the current diamond mine is winding down, the analyst says it is highly likely that additional diamond reserves will be developed to keep the mine in operation. With the bankable feasibility study on Messina already completed and a diamond exploration program with "enormous potential", Roulston sees tremendous upside for the stock.

stockhouse.ca

stockhouse.ca

regards,
teevee