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To: ild who wrote (97284)4/23/2001 1:05:01 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<Patron, you don't like gold, do you? Why? Thanx>>

Au contraire, ild. I like gold, which is why I HATE ABX. They have the MOST onerous hedge book around, every time gold gets near 300, they sell more forward contracts. Therefore if this thing breaks big (up), I think they're going bankrupt. In other words, I'm hedging the hedgers.

In the meantime, I'm still long NEM, HGMCY, GOLD and DROOY (as well as SWC and PAAS).