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To: Bucky Katt who wrote (4667)12/23/1997 2:47:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116815
 
Hi Willim, "Still, the lower Australian dollar has given Homestake a major advantage in the deal, with about 25 per cent of the massive premium made up by currency benefits."
More North Americans are likely
to follow. Double-edge sword-they sell forward on a cheap, but cheap to buy. great for investor sentiment. As I am sure you know all
rallies are preceeded by up-tick in juniors on actual and possible
deals. How long rally would last, hard to tell, but if genuine...

Gold rush

smh.com.au