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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Casey who wrote (3262)1/31/1999 7:10:00 PM
From: Francis R. Biscan Jr.  Read Replies (1) | Respond to of 81529
 
Good evening Casey,

>> If we take this a logical step further, the only miners who could benefit would those who are already well hedged at, say, the $400 area for a few years more of their production.<<

Actually, the ones who will benefit will be low cost producers that can still throw off positive cash flow and buy up the undervalued assets of their competitors, for a song.

They will not only survive, but prosper, as the competition goes bankrupt.

Have a good night,

Rich



To: Casey who wrote (3262)2/1/1999 5:49:00 PM
From: Bill Murphy  Read Replies (1) | Respond to of 81529
 
Casey,
Yes, you are right. We are going into our discovery efforts now.
Have to see what turns up.
Bill


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