Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Cogito Ergo Sum who wrote (4360)	11/23/2001 7:54:30 PM
From: Frank Pembleton	Read Replies (1) of 36161

Kastel, according to Q3 -- they might be having problems at the Blanket Mine in Zimbabwe "revised downward to 42,000 ounces and total cash costs per ounce could remain at current levels if inflationary conditions persist." They've also started hedging, about a 1/2 million ounces worth. Whatever it is, Mr Market has definitely taken a dislike towards this puppy. IMHO the next time I take a position in K.TO is when it flat-lines somewhere South of a $1. It really should of finished up today. Regards Frank P.

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