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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.04

-1.4%

Nov 17 4:00 PM EST

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To: Groundhog who wrote (23899)	12/6/1998 8:51:00 PM
From: Zardoz	Read Replies (1) of 116762

On OCT 2, 1998 PDG CEO was on Canadian Investor {Newsworld}. He said at that time that Gold would remain essentially flat for the next 2-3 years. #reply-5900593 "PDG CEO was on Canadian Investor... Said that 1998 production costs are $170 USD/OZ. Also wants to blame CB for low lease rates." Since then the lease rates have gone up, and the POG down.

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