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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: long-gone who wrote (43665)	10/24/1999 1:19:00 PM
From: Robert Dirks	Read Replies (2) of 116759

There was a PM fund Manager interviewed on Investing-Online program on Saturday. I must say he sounded like he knew what he was talking about (VERY few I hear do). He mentioned the Unhedged darling Agnico Eagle and their advertised production cost of $275. or so per ounce. NOW, he said when they did the actual calculations, AGE would only start making a profit with $400. Gold. Go Figure....... Imagine what the numbers must be at the BARRACKS? AH well, don't matter anyways since the POG is going to $650. +++.

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