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carl_p_r2

09/24/03 11:52 AM

#154484 RE: basserdan #154374

Interesting trading today. Even as gold and the market moved up together, today they are moving down together even though the USD has been falling slightly and the POG and POS are steady. Hmmm...

Carl

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mlsoft

09/25/03 12:57 AM

#154874 RE: basserdan #154374

Dan...

GG is still my choice for a conservative gold stock -- the dividend is very nice, I like the reverse hedging, and importantly I very much like the management of the company. Because of the very low cost of production and high quality of their mine, it does not have the appreciation potential of some others as the price of gold goes up, but it also does not have the risk should the POG level off or go down. Most importantly, I do not have to worry that it will turn out to have been a smoke and mirrors story that goes "poof" overnight.

Thanks for the update.

mlsoft