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Gold/Mining/Energy : Gold Price Monitor
GDXJ 99.85+6.2%Nov 24 4:00 PM EST

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To: Enigma who wrote (48573)2/8/2000 5:00:00 PM
From: Ken Benes  Read Replies (1) of 116764
 
What was Barricks cash flow in 1993, when it was selling for 17 and what is barricks cash flow in 2000 when it is still selling at 17. If we carry the progression thru to the future with the increased cash flow from an additional 1.5 million ounces of production what leads you to believe that barrick will be selling for more than 17.

What would barricks cash flow be producing 3.5 million ounces at 350.00 per ounce as compared to selling 5 million ounces at 280.00 per ounce.

Ken
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