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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: goldsheet who wrote (2240)9/20/2001 12:40:10 PM
From: russwinter  Read Replies (1) of 4051
 
<Thought you said 30% two years ago, leaving only three left on the clock>

Not really, if you do a close reading (in the biblical sense of the word) of my posts, you will see I raised the production issue about a year ago, and really only started to quantify it late last year and into this year. There was no way production could have fallen much in 2000, because clearly there was too much in the development pipeline, and too many heroin addicted hedgers mining out their last production. That has now changed on both scores. The fourth quarter, 2000 according to your own data looks like the peak, and we are rolling over.
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