Newmont Mining Becomes Largest Mine In US - Buys Sante Fe Message Board

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Gold/Mining/Energy : Newmont Mining Becomes Largest Mine In US - Buys Sante Fe

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To: Dwight Taylor who wrote (55)	9/25/1997 2:14:00 PM
From: david siple	of 65

Hi Ben, I began looking into all the dif. gold prospects months ago. The one that stuck out was NEM. It's my only gold holding. I like it even when gold prices are low and pathetic. It's the largest (upon acquiring Santa Fe) producer, and at the same time it's the LOWEST cost producer. Chalk one up for gd mngt there, among other clarities. Should the DOW stay in the range it's been in and gold in it's range, I say 50-60 is a fair price. Should the price of gold go up, you're looking at 80 ish. Just my opinion on my research. Look into it again, maybe you'll see the prospects. A 2000 leap may work nicely. Gd luck. david

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