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Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

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To: Zardoz who wrote (32543)	4/26/1999 2:15:00 PM
From: long-gone	Read Replies (3) of 116764

And "they" say there is no conspiracy against gold, then why can't the media report this? SAN FRANCISCO, April 25 /PRNewswire/ -- Homestake Mining Company (NYSE: HM, ASX: HSM, TSE: HCX) today reported net income of $2.2 million or 1 cent per share in the first quarter of 1999 compared to a net loss of $6.6 million or 3 cents per share in the first quarter of 1998. The Company realized a gold price of $298 per ounce compared to $317 per ounce during the comparable quarter in 1998. First quarter of 1999 results include pretax foreign currency exchange gains of $9.4 million compared to pretax foreign currency exchange gains of $5.1 million and gains on the sale of Rabbi Trust investments of $4 million in the first quarter of 1998. The first quarter of 1998 also included after-tax unusual charges totaling $8.6 million or 4 cents per share. No charges for unusual items were recorded in the first quarter of 1999. go2net.newsalert.com and beats the street stocksite.com

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