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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (11240)	5/21/2003 1:13:40 AM
From: LLCF	Respond to of 39344

Stock seems cheap! BTW Russ, it seems from your last several posts on companies that each one of them would benefit greatly from a sharp move up in POG... this would allow better financing conditions, in fact may start people knocking at their doors no?? They remind me of those PIK bonds of the 80's... you get more bonds rather than coupons for a period. In this case, you have companies that need to raise capital [ie. leverage to be] so moves in their stock prices will be exacerbated... a rally begets more rally due to available financing, sell off or stagnation begets more sell off due to need to finance. Interesting situation... and well worth watching if POG really gets cooking. dAK