Newmont Mining(NEM) & Newmont Gold(NGC) Message Board

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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: baystock who wrote (234)	5/26/1999 1:36:00 AM
From: ahhaha	Read Replies (2) of 587

Not bank on. It is just a circumstance that I've seen before when it was as bleak as it is now. And why it occurred was completely surprising. It shouldn't have. Third world demand for copper will rise and third world ability to supply will not meet analyst's expectations. In a slow world economy this average disbalance would maybe translate into $.80 copper, but the marginal demand will keep a rising floor under the metal and it will be hard to get in quantity. This is the outcome of shut-in capacity and its dilapidation even as large mines are developed or come on stream. Few agree.

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