SI
SI
discoversearch

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.
Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (4446)8/13/2002 3:23:08 PM
From: t2  Read Replies (1) | Respond to of 89467
 
Jim, Ever follow AEM, an unhedged Canadian gold. Just found mergers/acquisition possibilities interesting.

First, PDG having a hell of a time try to acquire that Australian miner, Auriongold. Both are hedged players is my understanding.

How about South African golds...I keep reading some comments about government involvement.

So my conclusion. Canadian and Australian mid to small caps a good buy.

Read a comment that Barrick may still be looking at acquisitions. (below)

So I tend to look at GG and AEM...but AEM has a smaller market cap, an easier acquisition. It also took off a couple of days ago..a big move. Made me a bit curious and decided to take up a long in AEM. I realize its earnings are not as good as others like GG but that probably means good gold reserves (a guess on my part); that is what a ABX type would probably be looking for as a way to decrease the significance of its hedges.

---------------------------------
Canada's Barrick: Still Well-Poised For More Acquisitions

biz.yahoo.com



To: Jim Willie CB who wrote (4446)8/13/2002 7:34:56 PM
From: jjkirk  Read Replies (1) | Respond to of 89467
 
CBOE Gold Index (GOX)

Index Description

The CBOE Gold Index is an equal-dollar weighted index composed of 10 companies involved primarily in gold mining and production. The index is re-balanced after the close of business on expiration Friday on the March quarterly cycle.

Index Components

Company Name Ticker Symbol
---------------------------- -------------
AGNICO-EAGLE MINES AEM
ANGLOGOLD LIMITED AU
ASHANTI GOLD ASL
BARRICK GOLD CORP ABX
BATTLE MOUNTAIN GOLD CO BMG
COEUR D'ALENE MINES CDE
FREEPORT MCMORAN COPPER GOLD FCX
HOMESTAKE MINING CO HM
NEWMONT MINING CORP NEM
PLACER DOME INC PDG

mobydata.com