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To: patron_anejo_por_favor who wrote (103366)5/18/2001 6:55:56 PM
From: LLCF  Respond to of 436258
 
<At what point would you expect to see the unhedged guys outperform the hedgers? With gold at 325 or so? >

Yea, in the meantime, I may continue buying DROOY!! Ho ho, if this is for real, what a gift.

DAK



To: patron_anejo_por_favor who wrote (103366)5/21/2001 11:07:02 AM
From: pater tenebrarum  Respond to of 436258
 
i think the market is not yet aware of the difference...don't forget, most market participants don't understand the complexities of hedging. they will have to be hit over the head with the next set of quarterly results. btw, DROOY covered its entire Australasian hedge only last week...LOL.


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