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To: Ken Benes who wrote (48425)2/7/2000 4:56:00 PM
From: goldsheet  Read Replies (1) | Respond to of 116960
 
> I like your honesty, although, I would clarify the primary objective to include the interests of the owners of the company.

Let's see:

Barrick mines 3.6 million ounces, generates 702 million cash flow, and has a market cap of $7.5Billion

Newmont mines 4.18 million ounces, only generates 400 million cash flow, and has a market cap of $4.5Billion

Placer Dome mines 3.15 million ounces, generates 427 million cash flow, and has a market cap of $3.6Billion

One of those companies seems to be getting about twice as much bang for the buck compared to the other two.