Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (2389)	9/26/2001 3:16:37 PM
From: Bruce Robbins	Read Replies (1) \| Respond to of 4051

GLG had quite a performance today. Any reason why it should do better than the others?

To: Claude Cormier who wrote (2389)	9/26/2001 4:55:24 PM
From: goldsheet	Read Replies (2) \| Respond to of 4051

Maybe I should have suggested they add Glamis Gold to the XAU ? With a $US250 market cap, NYSE listing, and good volume/liquidity, it might be a good idea. FIX THE XAU INDEX LETTER Matthew Holm matthew.holm@phlx.com Ricardo Hunte ricardo.hunter@phlx.com I would like to express my concerns about the XAU Index. Since the removal of Hecla in March 2000 and Couer d'Alene in July 2000, there are no longer any silver stocks in the Gold/Silver Index. Viable candidates for inclusion would be Pan American Silver and Apex Silver, with market caps of $US150M and $US310M, respectively. Both are much larger than either HL or CDE. The inclusion of Phelps Dodge in July 2000 did not make sense. I can understand FreeportMcMoRan since it produces much gold and silver, and could easily make a case for Buenaventura (NYSE:BVN, market cap $US900M, producing 1moz of gold and 11moz of silver), but can not see any reason for Phelps Dodge in the XAU Index. Since PD has dropped in price from $40 then to $27 now, I believe the XAU index does not accurately represent the gold/silver industry sector. Gold stocks that might be viable candidate for inclusion: Franco Nevada TSE:FN $US 2.50B market cap Gold Fields NASDAQ:GOLD 1.95B Goldcorp NYSE:GG 950M Harmony NASDAQ:HGMCY 550M Normandy, a $US 1.5B market cap Australian firm, probably belongs in the index but will eventually be included if Anglogold completes their proposed mergers. Thank you for your time and consideration. Best Regards, Bob Johnson GOLDSHEET Mining Directory goldsheetlinks.com