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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

Nov 17 4:00 PM EST

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To: Enigma who wrote (48367)	2/7/2000 2:50:00 PM
From: goldsheet	Read Replies (1) of 116762

> Hedging being continued in fact but more calls have been purchased Looks like down to me: Barrick reduced its long-term call options sold from 4.0 million ounces at the end of the third quarter, to 2.7 million ounces at year end. > Pasqua is going to be huge and more huge. I don't want to sound like a broken record, but I continue to say production will go up, and the big will get bigger. Pascua would be the 25th largest gold miner if it were a stand-alone company. Don't forget Rodeo (only 350,000 ounces per year) and Bulyanhulu (only 400,000 ounces per year)

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