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Gold/Mining/Energy : Precious and Base Metal Investing
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To: Claude Cormier who wrote (2281)3/8/2002 11:12:23 AM
From: Box-By-The-Riviera™  Read Replies (1) of 39344
 
meant to ask you why you think a rising rand will affect the SA's. their costs should not be radically higher, as they are domestic based costs, and assuming in time, a rising dollar gold sale price of their output.. the leverage remains strong. ERGO, the recent rand weakness was an unexpected windfall, not a change in operational dynamics re: the price of gold.
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