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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: Ward Nicholson who wrote (5867)	2/28/1998 9:12:00 PM
From: tanoose	Respond to of 10836

Hello Ward; Yes us longs are still at it, would be refreshing though to still have you around with your thoughts on the subject, you came in as a declared short and earned the respect of many of the longs here because you always presented a logical approach to the subject. And yes, ABX did or is going through this POG situation better than PDG partly because of their forward thinking in regards to forward hedging, but also they were quicker to recognize the situation and began to close the least profitable operations. They will climb the same or more as PDG( I would say more so ), you must remember they are also bringing new mines to production, and also their reserves are much stronger than PDG's. Also you must remember that ABX is the only gold miner that has received a positive ranking by the financial institutions that do this, PDG as many other North American producers have all been down graded.They are also a more cash rich company, and I am sure they will be able to swoop down on any target they choose?? Remember their goal is to be the number one producer, just a fancy that belongs to Peter Munk?? Ward, you should drop in more often, you would provide more sense to the subject verses what some of these fear mongering shorts who inhabit this forum now. With regards,Frank