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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.63-1.8%Feb 3 3:59 PM EST

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To: Glenn D. Rudolph who wrote (125742)5/30/2001 8:08:39 PM
From: craig crawford  Read Replies (1) of 164685
 
This should make HM even more leveraged to gold in the future thus making it my favorite major gold play.

Homestake Agrees to Acquire Cowal Gold Project in New South Wales, Australia
www2.marketwatch.com;

5/30/2001 6:01:00 PM

WALNUT CREEK, Calif., May 30, 2001 /PRNewswire via COMTEX/ -- (ALLFINANCIAL)

"The acquisition of the Cowal project represents an excellent opportunity for Homestake to expand its gold reserves and future production on a per-share basis without compromising the Company's financial strength and its geo-political risk profile," said Jack E. Thompson, Homestake's Chairman and Chief Executive Officer. "We are gratified by the fact that Homestake was able to leverage its position as Australia's second largest gold producer into a 100% interest in this highly prospective development project. We plan to capitalize on our technical strengths and proven track record of superior environmental management and community relations to turn Cowal into a prolific gold producer."
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