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Gold/Mining/Energy : Gold Price Monitor

GDXJ 112.58

-1.5%

Dec 15 4:00 PM EST

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To: long-gone who wrote (90816)	10/29/2002 10:28:31 PM
From: goldsheet	Read Replies (1) of 116815

> If the dividends of all mining companies were diverted into exploration & development Dividends divert funds from capital investment (internal) to shareholders (external), not the other way around. I remain under the impression the primary objective of gold mining companies should be gold mining. > Some marketing is also needed in every business. Marketing (IMHO) is a waste of money (more so than dividends) for commodity producers. It belongs further down in the supply chain, paid for your local Zales. Disclosure: dumped GFI today

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