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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

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To: TATRADER who wrote (58094)9/12/2000 1:38:28 PM
From: Ken Benes  Read Replies (3) of 116762
 
Or you could view it as the destiny for the industry. If any other industry took 2 years to close down an unprofitable enterprise (homestake mine), they would be out of business in a heartbeat. The industry should close every unprofitable mine as expeditiously as possible removing uneeded supply and improving the companies cash flow.

Ken
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