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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: jrhana who wrote (975)11/7/2003 8:52:15 PM
From: Wade  Respond to of 48092
 
Right on. BVN is a money machine. The only thing I concerned about is its future performance, which is their ability to make the highest possible profit because of its big hedging programs. For example, they did not get full benefit of higher POG last Q.

I had to make a painful decision to sell it at ~$40 in order to consolidate my holding, otherwise, I was running a small gold stock mutual fund.<G> I have no time to follow all of them.

BVN almost hit $50 a few days ago. They have a great mine and very low cost of production. Their close relationship with NEM made them a very good merger target.

Wade