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To: Jack of All Trades who wrote (118476)8/28/2001 12:22:29 PM
From: LLCF  Respond to of 436258
 
TVX: <The Company has replaced its 390,000-ounce $360 long put position, which had been financed with a gold lease rate swap, with a 550,000-ounce ``plain vanilla'' long put position having a strike price of $250 per ounce. The new $250 puts mature over a period from 2003 through to 2006, similar to the previous put position.>

At least they have the wherewithall to buy pooots instead of selling calls! Keep those banksters rope-a-doped.

<Heck one house, on a very popular lake here in NH owned by a popular exCEO, has a million dollar rock wall constructed such to make the lot buildable so they could put a 5Ksqft summer home on it. Lets no go into details about the house, but I can say they scaled back a bit because of market concerns. >

I like to think of all these behemoths as future hotels and B&B's rather than get too tainted as to why they are being built. :)

DAK