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Zeev Hed

10/04/03 12:11 PM

#157875 RE: basserdan #157873

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.