Forum Archive Index - June 2002

["John Wedde" <John.Wedde@weltec.ac.nz>]

Hi Nick,
Do you follow Otter at all?
I may be mistaken but I think they cleared up most of their hedges at
the time GPG took an interest in them.
Smaller gold exploration coys are also unlikely to have any hedges I
would have thought.
Any other comments welcomed. 
Cheers,
John

>>> nickk@quicksilver.net.nz Friday, 7 June 2002 4:04:32 p.m. >>>

Athol

You are certainly right when you say this "Gold will go higher because
there is no where for the world of money to be parked at this time of
falling stocks"

When the DOW was going thru the roof Gold was plumetting because the
DOW
was the place to go with your money.  With the DOW very shaky, the
Nikkei
similarly, and economic situations expected to worsen, Gold will be
the
safe haven.

>From my limited information, I believe MMN & DIO aren't hedged. 
However,
don't quote me on it.  Good luck...I like Gold & Silver in the next 12
months!

NK

  ryanrite writes:

> Do you have any Aussie stocks that are not hedged in mind?
> Gold will go higher because there is no where for the world of money
to be
> parked at this time of falling stocks
> Athol
> ----- Original Message -----
> From: "Steven Tong" <soarer2@xtra.co.nz>
> To: <sharechat@sharechat.co.nz>
> Sent: Friday, June 07, 2002 7:06 AM
> Subject: [sharechat] GOLD / SILVER
> 
> 
> > After this weeks manipulation by the gold cartel to force the price
of
> gold
> > down, could not resist getting back into Aussie gold   / silver
stocks
> > yesterday.
> >
> > Change of tack this time, small cap unhedged plays. Think this is
were we
> > will get the most leverage to the rising gold / silver price.
> >
> >
> > The gold bullion banks  are telling the world via their analysts
that gold
> > is in a bubble, yet they are building their postitions in gold
miners all
> > over the world, the latest a small explorer in Norway.
> >
> > The Dow is capitulating, the total market cap of all gold mining
stocks is
> > equivalent to 330 points on the Dow. A  small shift in sentiment
towards
> > Gold and its easy to see what could happen.
> >
> >
> >
> >
> >
> >
> >
> >
> >
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> 
> 
> 
>
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