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Gold/Mining/Energy : Barrick Gold (ABX)

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To: nickel61 who wrote (2908)5/18/2002 5:08:50 PM
From: goldsheet  Read Replies (1) of 3558
 
I was not doing a five year analysis. I was going back to 1995 when all the experts told me mine production was going to go down, I predicted up, and it went up.

We are now flat at 2600mt, which means we are producing 350mt more EVERY year relative to the 1995 level. 350mt adds up over time, and it is almost as much extra gold as central banks sales. Can't be ignored.
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