Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (32836)	10/31/2000 9:47:54 PM
From: Thomas M.	Read Replies (1) \| Respond to of 436258

Message 14698632

To: Lucretius who wrote (32836)	11/1/2000 9:01:08 AM
From: pater tenebrarum	Respond to of 436258

lol..today a ray of hope appeared on the horizon though. oh, and i'll say it again: STAY AWAY FROM HEDGERS! Bloomberg Oct 31 Sydney: "Centaur Mining and Exploration ( of Australia ) warned the financial market on its hedging costs on 31 October 2000. Centaur said it was not generating sufficient revenue to meet negative monthly outflow linked to its metal and currency hedge position." "Newcrest Mining Ltd. led the market down, failing 16.5 cents, or 4.2 percent, A$3.80. The stock posted its biggest intra-day decline in six months, falling as much as 6.7 percent to A$.3.70 after analysts said Australia's No. 2 gold miner's currency and copper hedging positions will hurt earnings." as i mentioned before, trouble looming in Oz, as these guys have hedged themselves from here to Neptune on much lower gold prices.