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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Henry Volquardsen who wrote (7395)12/16/1997 11:55:00 PM
From: ShoppinTheNet  Read Replies (1) | Respond to of 20681
 
Henery it would be fun to discuss this with you over beers. I guess what you could say is that if there was a major long term shift in supply projected out say 15 years that its present value effect on the futures contract would make it almost unnoticable. somewhat like the effect of an earthquake happing in Busang and you trying to feel the effects in Taylor Falls Minnesota.



To: Henry Volquardsen who wrote (7395)12/17/1997 4:01:00 AM
From: Bob Jagow  Read Replies (1) | Respond to of 20681
 
"A 10% move in the lease rate on even a long dated transaction would have an impact on long date outrights of 1% plus or minus."--?? unless you specify the + - ?

??Bob


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