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Gold/Mining/Energy : Gold Price Monitor

GDXJ 104.49

-2.1%

Dec 8 4:00 PM EST

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To: Ken Benes who wrote (72406)	6/26/2001 1:06:53 PM
From: goldsheet	Read Replies (3) of 116798

> What does a 10 million ounce producer do for the price of gold Absolutely nothing, consolidation is needed to affect the cost (not price of gold) Every other metal has 3 or 4 producers that control 50-75% of production. > effects be on the share price of the gold stocks Well, if you can not get the price up, then you have to get the costs down to increase your margins. Doing something is better than sitting around complaining about how bad things are.

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