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

To: Rarebird who wrote (47830)	2/3/2000 11:22:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116756

The story behind the earnings of NEM(and some others) is nothing short of amazing! The turnaround which has occured despite the gold price could not have been forecast by many, and SHOULD be reported. CNBC will report near every other earnings from loss turnaround in any business other than gold mining. And have you looked into how limited the NEM hedge position is? How can NEM possibly make this level of money with that low a hedge position? Great management, better technology, & hard work in ugly places. At least the rural employment is far off the urban rates so as to reduce any wage pressures the mining community might see. This isn't about the bull or bear market! How can one prevent being bearish if no justice in reporting exists?