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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (86)3/4/1999 8:40:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 587
 
Those NEM leaps went up to 9 7/8 before NEM tanked to 17 again. I picked up NEM 2000 strike 25 leaps last week for 2 9/16 with NEM at 17ish. I am hoping that NEM gets back to 30 at which point I will sell for 14ish on the leaps. Comex gold stocks have dropped about 100,000 ozs. in the last two weeks to under 700k. Commercials are way long and specs way short. All the pieces of the puzzle are in place. let's see what happens.