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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.03+3.0%Nov 7 4:00 PM EST

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To: russwinter who wrote (63250)2/3/2001 1:08:56 AM
From: goldsheet  Read Replies (4) of 116753
 
> new "economic" gold will not be found at $265

True, but more reserves will not be needed for many years. My concern is that when we get back over 300 many of the projects on hold will be back in the mix (reclassified resources-to-reserves and construction begun) then we will not make $350 when folks see all the potential production back in the pipeline.
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