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Gold/Mining/Energy : Gold Price Monitor

GDXJ 90.47

+0.5%

Nov 6 4:00 PM EST

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To: long-gone who wrote (72340)	6/25/2001 3:20:06 PM
From: goldsheet	Read Replies (1) of 116752

> But will US $ remain where it is? Of course not, it has already weakened relative to the $.4858 that HM used on March 31st, but at a current rate of .5164, they are still selling gold at $US263 in 2001 Expected Maturity or Transaction Date There- Total or 2001 2002 2003 2004 2005 after Average Australian $ denominated contracts: (A) Forward sales contracts: Ounces 333,000 348,800 258,800 228,800 302,000 -- 1,471,400 Average price (US$ per oz.) $248 $262 $268 $288 $276 $-- $267 (A) Expressed in US dollars at an exchange rate of A$ = US$ 0.4858 P.S. Did not have any thoughts on earthquake in Peru. They will continue to occur and folks (including miners) will just have to deal with them.

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