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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsnow who wrote (42401)10/7/1999 6:05:00 PM
From: goldsnow  Respond to of 116770
 
C'mmon Lorne, Competition not production? Who will buy assets and for how much seems to be a reality at this level of POG



To: goldsnow who wrote (42401)10/7/1999 10:45:00 PM
From: Alex  Respond to of 116770
 
<<In this rally, the team pointed out, while net asset values have increased an average of 180 percent, share prices have only increased an average of 37 percent, "suggesting that the equities are trading as if the gold price is now only in the low $280s.

``Clearly the (stock) market doubts the (gold price) rally. We believe that gold will settle in at a higher price than this, potentially $315-325 per ounce, and therefore still see good upside in the stocks in general, over the longer term.'>>

biz.yahoo.com