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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Alex who wrote (69355)	5/17/2001 5:35:03 PM
From: long-gone	Read Replies (1) \| Respond to of 116753

<<long. Just a guess, but it may be that many producers are currently filling the chamber with forward sales buckshot in preparation for blowing their foot off again if history has anything to say about it. Sorry for seeming so negative, but I've become as conditioned as Pavlov's(sp) dogs when it comes to this. Push the self-destruct button. >> Perhaps, but AU did reduce hedge. Truth is, NEM killed much of their exploration budget as have others. There is coming a time when less will be able to come to market. There will be less available for forward sales.