montquibois: you will soon disappear like gummyGuys who short stocks trading at forward PEs of 4 with a quarter of the stock price reflecting NET cash do not last long. Shorting PD is fine because they have hedged their production through "costless collars" -- AUR is unhedged and actually sells their copper for a 7 cent premium to spot because it is registered as Grade A on the LME. So far your AUR short has made you a piddly $1.40/share -- With dividends (get your 15 cents ready) I am up over $10/share on a six figure plus position that I have held with conviction(and avoided paying taxes upon thanks to Canadian tax rules and the crystallization of gains). Small and fast money might be made short, but the big money will be made long as AUR will be in the mid-20s by year end, near $50/share by end of 2007 and in triple digits by 2009.