SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Mining Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: goldsheet who wrote (245)4/25/2000 8:09:00 PM
From: russwinter  Read Replies (1) of 4051
 
Yes, that 43,000 oz was for fourth quarter. ELD goal for 2000 is 185,000 oz at $200.

I guess my point is that juniors and intermediates have historically been the explorers and developers for the majors. Indeed many majors got their starts as intermediate producers. One would hope to see more lower cost producers in this class than that list indicates, as a healthy sign or pulse of future production potential. The fact that there are so few, regardless of relative production levels, bodes poorly for that.

I think this industry needs more than a few mega firms to stay healthy and grow given the diverse and specialized worldwide exploration effort required. But, I do agree that consolidation is needed for many to get to the required critical mass, and in fact wonder why this isn't happening.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News