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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: Gary Melnyk who wrote (7919)12/4/1997 12:41:00 AM
From: marcos  Read Replies (1) | Respond to of 14627
 
This coming spring won't be like the last, for sure imho, but I dunno about three years, the world turns faster than that now, I think. Stocks like PFG with substance to them are beat waaay down, there's room on the upside with any sign of gold bottoming or trending up. For serious play, I'll be watching the majors, especially Barrick, for signs that they're picking up properties and maybe unwinding hedges.

Does anybody have an idea what is the market value at today's prices of ABX's hedges? ....bet if it was in hundred-dollar bills, none of us could pick it up...... what if they decided to cash it in and spend the money on cheap properties?

......... cheers .................. marcos

PS ... Gary... tripped across your thread....hard to imagine a non-drinker of beer buying a brewery -g- ;
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