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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.06-1.4%Nov 17 4:00 PM EST
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To: Ken Benes who wrote (81878)2/11/2002 4:36:06 PM
From: long-gone  Read Replies (1) of 116762
 
<<"Several of the deposits that Newmont classifies as reserves or resources appear suspect," he wrote in a research note, "and we worry that Newmont might buy out its partners or invest capital to build large mines that produce no gold at a profit."

This from the group who was calling enron a screaming buy with nothing more than a set of cooked books behind them.>>

Then as NEM is the largest gold mining firm in the world, were they to be able to produce all that much less gold wouldn't gold price go up - IN A BIG BIG BIG WAY?
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