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Sir Realist

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Sir Realist

Re: mlsoft post# 30052

Saturday, 09/28/2002 1:36:08 AM

Saturday, September 28, 2002 1:36:08 AM

Post# of 704019
ML: My screening pointed to GG as the safest bet: unhedged, good revenue growth and net return, plus a lower PE than some others. I'm less familiar with Glamis. What's the appeal there? And what of Hecla? Their mix of gold & silver seems a sort of hedge in itself.

I'm aware of the risk, but I agree that events put greater risk on the short side. Even without unknown events, I think many are choosing the metals as safe havens whenever the mkt lurches lower. The July dip was an exception, I believe, which permitted some big shorts re-entry at a better price.

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