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To: re3 who wrote (85373)	2/7/2001 9:02:15 AM
From: LLCF	Respond to of 86076

<in other bearish developments Tuesday, AngloGold Ltd., the world's largest gold producer, said it would hedge 50 percent of its production over the next five years. > That's the headline I had heard alluded to... on the other hand, "next 5 years" is a long long time. DAK

To: re3 who wrote (85373)	2/7/2001 10:08:36 AM
From: pater tenebrarum	Respond to of 86076

of course...they have ALREADY DONE IT...they are now short 15 million 0z. ! they produce about 34 million oz. in 5 years, so they're already close to the 15% mark. and yes, they are schemers...always have been.

To: re3 who wrote (85373)	2/7/2001 10:08:52 AM
From: pater tenebrarum	Respond to of 86076

of course...they have ALREADY DONE IT...they are now short 15 million 0z. ! they produce about 34 million oz. in 5 years, so they're already close to the 50% mark. and yes, they are schemers...always have been.