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

To: Zardoz who wrote (70037)5/22/2001 7:53:18 PM
From: teevee  Respond to of 116927
 
Hutch,
That's funny that you'd think Credit Suisse First Boston knows more about Gold then Noranda.
I don't think that at all.
Heck, maybe they want to write options or other more exotic derivative on those few shares?
Could be and it wouldn't surprise me. The bottom line is that all of a sudden there is institutional interest in gold and gold stocks in general again. Look at stocks like Goldcorp for example. All this interest has led to buying and share price increases. Who the institutions are going to sell the stock too is another matter though eh:-))



To: Zardoz who wrote (70037)5/22/2001 7:55:27 PM
From: Real Man  Respond to of 116927
 
Hutch, aren't you the TA type? Why do you think POG will go down? I believe it sure can, in general, but at the level above 272 it has a chance to go up quickly and never look back. Whatever pushed gold up to 298 might push it up further.


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