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Gold/Mining/Energy : Gold Price Monitor
GDXJ 96.88+0.9%4:00 PM EST

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To: russwinter who wrote (81931)2/12/2002 9:25:04 PM
From: goldsheet  Read Replies (1) of 116762
 
<I missed the Lassonde criticism of MDG of specifically? I believe he was speaking of the gold mining industry in total.>

He did criticize the industry, but named two companies who are actually doing the best job replacing reserves:

"Our timing, I think, is propitious," Lassonde said from Toronto. "Goldcorp. (GG: news, chart, profile) and Meridian (MDG: news, chart, profile), lots of gold companies, need to replace their reserves - they need assets."

I have to get back to you on new gold mines, but there were at least three in Australia.
Dominion Mining NL is going to be a producer again, along with a couple others.
Give me a chance to look.
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