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

To: Enigma who wrote (49639)	2/25/2000 8:40:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 116786

Not necessarily, the gold producers have an uncanny ability to reprice stock options that never make it into the money. Lowering the price to a level that even a dead cat bounce will produce a return for them. I guess they do have a grasp of rudimentary math, unfortunately, increased production = lower prices is just a little too complex for them to understand. One million ounces @ 280.00 is <= to 800 thousand ounces at 350.00 when you factor in that you have an additional 200 thousand ounces of reserves in the ground. This is much too difficult for the rocket scientist over at barrick to understand. Ken