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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD -- Ignore unavailable to you. Want to Upgrade?

To: George J. Tromp who wrote (1727)	9/27/1999 10:34:00 AM
From: George J. Tromp	Respond to of 2522

Other Gold stocks currently moving are Battle Mountain Gold, BMG on the NYSE, Homestake Mining, and the XAU Philadelphia Gold Index Regards George

To: George J. Tromp who wrote (1727)	9/27/1999 2:46:00 PM
From: virginijus poshkus	Read Replies (1) \| Respond to of 2522

George, a few of my old dogs have started to arise from the dead. however, i would look to $300-$320 as the top. many mines are now becoming efficient, $200 is a good cost now and you will see some supply hit the market, not to mention some forward selling. the days of the $300 and up cost gold producers are over. you will have to agree with that? one of the top producers which is a very stealth company, is Iamgold, selling for $4.25, they are hooked up with anglo, their symbol is IMG on the toronto, their costs are approximately $130 per oz. they have profits and cash flow, 80mm shs out, and $60mm in cash, they were $3 a month ago. these types will benefit , the exploration plays will no participate as much because of the unknown factor, unless we see $350. too many of us got taken in by many a scam over the past three years. vargas vargas