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

To: Rarebird who wrote (60209)	10/26/2000 11:44:19 AM
From: Ken Benes	Read Replies (2) \| Respond to of 116788

I do not agree with you on that one. I believe abx/nem are headed lower and once they are in the low 11's and high 10's they represent value. Waiting until barrick closes above 12.68 will reduce your profit as I do not expect either of the two to trade much above 15 unless some kind of panic situation develops. Unfortunately, investing on the prospects of a catastrophe is usually not wise and gold investors have been doing that for years resulting in continuing losses. I believe a trade of 4+ points on either of the stocks represents opportunity. Ken