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To: Zardoz who wrote (20452)10/2/1998 7:11:00 PM
From: goldsnow  Respond to of 116753
 
Hutch, I though factoring all PDG costs -there were $260 (unless they closed few mines) But what it means that fully hedged PDG is grossly UNDERvalued even at $300 POG!!! :)



To: Zardoz who wrote (20452)10/2/1998 7:57:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116753
 
Hi Hutch ..which is more overvalued..gold or the cbers' paper
ps. is dollar entering a down trend now..and is that also giving a boost to oil and gold?
ps are hedge funds beginning to move into commodities and not depending any longer for governments to bailout creditor's fiascos?
also with more market controls in emerging countries less play areas for speculative money...all roads lead to gold?
ps. can't wait to see what they have in store for Brazil