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Post# of 704044
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Zeev Hed

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Zeev Hed

Re: basserdan post# 157873

Saturday, 10/04/2003 12:11:52 PM

Saturday, October 04, 2003 12:11:52 PM

Post# of 704044
Dan, talking about bubble valuations, $6653 per produced ounce in Canada, and even in the US $2877, that pricing assumes not just $400 gold but closer to $1000 gold. If gold takes out $400 without the HUI making a new high and staying there, you know this bubble's life may not be that far out....I wonder what was the valuation per ounce produced when gold was at $250.

AZH

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