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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)
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To: ahhaha who wrote (385)10/6/1999 4:03:00 PM
From: miklosh  Read Replies (1) of 587
 
Ronald Cambre was just on CNNfn. Here is a summary of what had to say:

1. Every $10 move in pog will affect eps by $0.17

2. The recent move in pog will add $300mil to operating cash flow

3. He thinks that higher lease rates will prevent the shorts from beating the pog back down again

4. Nem is still profitable even with pog at 250

5. Sees pog at 375 to 400 "overtime"

Miklosh
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