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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%Nov 12 4:00 PM EST

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To: lorne who wrote (62379)1/2/2001 8:55:53 PM
From: d:oug  Read Replies (1) of 116756
 
o49err or bob johnson collector of nickel plated wooden nickels

of these two, who better to comment on the following?

My question is where or what will lose this business,
or will they be collecting future raw and recyclable gold
that is additional to current and projected outputs
and refinery capacity is already at full steam.

`We plan to source raw material from gold mines mainly located
in South Africa, Australia, Russia and South America,'' he said.

In the long run, about 50 percent of the company's total gold output
would be from the refining of imported raw gold. The balance would come
from the recycling of gold jewellery and products collected within the country.
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