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ONE IDEA.


Name: Harry Baldwin

Home: La Canada Flintridge

Age: 76

Occupation: Retired industrial specialist

One idea: Baldwin bought 100 shares of Glamis Gold Glamis Gold Ltd. was a Reno, Nevada based gold producer with operations in the Americas. In 2006 they expected to produce 620,000 ounces of gold at a total cash cost of US$190 per ounce. They remained 100% unhedged.

On 31 August 2006, Goldcorp acquired Glamis Gold for $8.
 Ltd. for around $34 each in April. The Reno-based mining company has holdings in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , Nevada, Mexico, Guatemala and Honduras.

Quote: ``I watched the business news and heard a man who said he was 1,000 percent behind the gold stocks. He said to dump all the other stocks and get gold. I did, and I'm very happy with it.

Ticker ticker

An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck.
: GLG GLG Geology
GLG Ganz Liebe Grüße (German)
GLG Grocery List Generator
GLG Glamis Gold Ltd (stock symbol)
GLG Goofy Little Grin
GLG Goodrich Landing Gear
 

Friday's close: $35.42
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jun 25, 2006
Words:88
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