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To: Groundhog who wrote (23899)	12/6/1998 7:22:00 PM
From: Alex	Read Replies (1) \| Respond to of 116762

Groundhog. I stand to be corrected, but I believe that he is just repeating what he has said before. I don't follow PDG that closely but I'm sure he has made this statement at least once before in the not too distant past. Regards

To: Groundhog who wrote (23899)	12/6/1998 7:42:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116762

The thread does not comment on individuals companies, beyond news affecting Gold .... Both ABX and PDG are heavily hedged through year 2001 with options beyond..As for PDGmy understanding that 60% is hedged at average $360. More investor.msn.com

To: Groundhog who wrote (23899)	12/6/1998 8:51:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 116762

On OCT 2, 1998 PDG CEO was on Canadian Investor {Newsworld}. He said at that time that Gold would remain essentially flat for the next 2-3 years. #reply-5900593 "PDG CEO was on Canadian Investor... Said that 1998 production costs are $170 USD/OZ. Also wants to blame CB for low lease rates." Since then the lease rates have gone up, and the POG down.