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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (599)	2/12/2001 7:13:29 PM
From: Richard Mazzarella	Respond to of 4051

Bob, thanks. Even some new info on GLG today <<total cash cost of less than $120 per ounce>> <<total cash cost of $113 per ounce>> : biz.yahoo.com .

To: goldsheet who wrote (599)	2/12/2001 10:58:25 PM
From: Step1	Read Replies (2) \| Respond to of 4051

Hello Bob, i am addressing a general question on silver and covered option strategy to you and the thread at large to see if anyone can volunteer some help. # 1 question: I dont want to open a futures account but would still like to get my toes wet a bit with a bet on the POS going up. Are there any kinds of options available ? Or should i be thinking of low cost silver producers as _ options with no expiration date _ (although most of these pure silver producers are few and far between...) I should also mention that i already have a small position in PAAS and a fairly large one in BAY.to # 2 question : I have a 2000 share position in PDG gotten at essentially break even point (8.25 and 8.50) I could hold, dump or sell calls on it although the premiums on the far otm calls are puny not really making it worthwhile to do , while the nearer otms make me nervous of missing a big move (yeah right , here it is , gold sucks ...) . What other strategy is there to help me carry that position and not keep thinking of it as dead money? (put/call position etc... I would think that since it is backed by the shares in my account, this would make it in fact really low risk. right?) If you dont want to answer, i understand although if you have any hints as to where i could look to find some discussions and resources on the above, it would be appreciated. thx Stephan