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To: goldsheet who wrote (63934)2/18/2001 8:22:51 PM
From: long-gone  Respond to of 116764
 
<<Why haven't mining companies offered more gold or silver convertible bonds like Freeport McMoran or Sunshine used to do. I'm sure precious metals investors would love a marketable exchange traded security, backed by gold, which pays a small amount of interest. Instead of hedging, miners could effectively do the same thing by offering securities that mature every year - selling forward directly to investors using a gold convertible bond. >>

Why don't you suggest it to those idiots of the WGC - they don't listen to me - perhaps some of the other miners.