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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: The Vet who wrote (8306)6/18/2002 9:57:16 PM
From: Bruce A. Brotnov  Read Replies (1) | Respond to of 16631
 
Vet, you keep talking about HGMCY with PE of 8 or so and yet my quicken shows PE of 32. Could you explain how you get such a low PE. I would have bought HGMCY a couple weeks ago but for the high PE, yet you keep saying it is low. You must see something I don't. I have been trying to catch it near 12, but just keep missing. I have followed GG and MDG for a couple of years but unfortunately underestimated the strength of gold along with the impact of declining dollar. I congratulate you for being in it early along with Doug and a number of others here on the board.

Bruce



To: The Vet who wrote (8306)6/18/2002 10:28:20 PM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
I heard a partial interview with the ABX CEO and I believe he said that they are not nearly as hedged as they once were. He was very positive going forward but you know what that's worth sometimes.


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