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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (1295)	8/20/2001 2:14:31 PM
From: tyc:>	Read Replies (1) \| Respond to of 8273

Can't see anything to be gained by studying Pasminco.... are you suggesting that Pasminco is typical ? However, there is an interesting situation in Teck/Cominco, which only recently became a base-metals company simply by the stroke of a pen.... it was transferred from the TSE/SP Gold and Precious Metals index to the Metals and Minerals index. I have feeling that it was this impending move that caused the precipitous drop in the price of the stock. Who wants to hold something in the Metals and Minerals Index ? (Certainly not the Gold and Precious Metals Funds ). And yet Teck's very nice gold holdings remain. Oh yes ! They include Gold assets in Australia that are heavily hedged in Aussie dollar terms. Haha !