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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.68

-0.3%

Dec 5 4:00 PM EST

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To: Enigma who wrote (52289)	5/3/2000 5:34:00 PM
From: goldsheet	Read Replies (2) of 116797

> Is 60 critical - or is it so because some here say it is so? tscn.com 60 has always looked like good support going back to the 1986 and 1992 lows, along with all of the bounces we have had since the brief summer 1998 drop under XAU 50. Back on my favorite subject ;) Echo Bay had big increases in production, which lowered costs. biz.yahoo.com "Total gold production for the quarter was 140,170 ounces, 18 percent higher than 1999 first quarter production of 118,764 ounces. Silver production from McCoy/Cove was 3.8 million ounces, 44 percent higher than the 2.7 million ounces produced in 1999. With the higher level of production, consolidated cash operating costs for the quarter decreased by $45 per ounce to $171 from $216 in 1999."

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