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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)
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To: RagTimeBand who wrote (73)10/30/1998 3:59:00 PM
From: Broken_Clock  Read Replies (1) of 587
 
Emory, South America looks like a good place to strike it rich in gold. With devaluations coming, labor will be cheap so profits will be high. Makes sense that ABX & NEM do some JV since the SAa and Aussies are consolidating, why not the NA miners as well? Bigger is better, I suppose.

NEM looks to be ending the week right where it started the week. Since NEM survived the lowered earnings fiasco, it has once again moved price wise intp parity with abx. When gold moves, NEM will leave abx behind again.
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