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Gold/Mining/Energy : Gold Price Monitor

GDXJ 121.17

-7.0%

Feb 5 4:00 PM EST

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To: long-gone who wrote (57050)	8/6/2000 2:31:09 PM
From: goldsheet	Read Replies (1) of 116972

> Didn't ABX also do a takeover in the last 12 months that accounts for some of the possible future production? No, the February news release with the 5moz target was based on properties they acquired some time ago: Pascua in Chile/Argentina, Bulyanhulu in Tanzania (from Sutton aquisition), and Rodeo in Nevada (part of Goldstrike complex). If anything, the recent purchase of Pangea might take them up closer to the 5.5moz level by 2003 (bigger than Newmont !) REF: Barrick Outlines Growth Strategy For 2000 and Beyond newswire.ca

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