HARMONY GOLD MINING -- HGMCY Message Board

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Gold/Mining/Energy : HARMONY GOLD MINING -- HGMCY

HMY 21.42

+3.6%

1:28 PM EST

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To: POLARBEAR who wrote (58)	10/4/2001 12:01:16 PM
From: bambs	Read Replies (1) of 271

i have read in a few places that hgmcy will be added to the XAU on oct. 8 I wonder how much buying will occur during the addition. some xau based funds will have to buy some..should give support and positive moment. falling rand this year has lowered cash cost of production for hgmcy...should make for great few quarters ahead. they also have a nice gain coming from their investment in goldfields ...should add 40 cents to earnings. the p/e is going to continue to fall... I expect to see hgmcy at $12 if pog holds this 290 level for a quarter or two... if we push to $400 pog next year then hgmcy should be in the $20's and still have a p/e of 10... good luck. bambs

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