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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (9106)3/31/1998 8:19:00 PM
From: Casey  Read Replies (1) | Respond to of 116762
 
James:

<<I just stimbled on one gold miner DAY that seems to have some gold
hedged, and a strong cash reserve, and is beat down fairly well,
so I'm trying a small bet on her.>>

I checked out DAY and their production is only hedged to mid 1998. If gold does rise and stay up they'll be ok. Otherwise, they will be in a quandry.



To: James F. Hopkins who wrote (9106)3/31/1998 8:32:00 PM
From: long-gone  Read Replies (2) | Respond to of 116762
 
James,
allmost all north american gold miners are also big silver producers.
so, to be big on gold miners, one is(most likely) taking a position in silver. This is one reason why they are forever linked.
rh


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