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Gold/Mining/Energy : Gold Price Monitor

GDXJ 107.29

-0.9%

4:00 PM EST

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To: Alex who wrote (30605)	3/26/1999 6:58:00 AM
From: long-gone	Read Replies (1) of 116791

"We believe that it is time to look at precious metals, not so much from an immediate investment point of view, but from a premise that is often overlooked, which is the ability of gold and silver mines to generate cashflow, regardless of the price of these metals. The product can always be sold, does not need to be discounted and requires no sales force of any major consequence. What should be looked at is heavily discounted potential production situations that require further funding, have their permits in place and could be producing gold at a low cash cost and making a reasonable profit at today's gold price." fiendbear.com

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