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


To: TheBusDriver who wrote (51766)4/20/2000 11:44:00 AM
From: TATRADER  Read Replies (3) | Respond to of 116759
 
THE XAU is poising for a break to the 60.00-62.50 area...NEM is creeping up to the neckline of its pattern at 25.00...PDG reported good earnings in a weak gold market...We have several inside days off the expansion day on PDG when she hit 8.81 on the high and 8.00 on the low...As long as PDG does not violate 8.00 on the low, the new bull market is in running gear...You can fundamentally rip gold apart all you want, but the technicals are now foreshadowing a break to the upside...BMG is a good buy at 2.00 or less, AEM at 5 11/16, PDG at 8 1/2....



To: TheBusDriver who wrote (51766)4/20/2000 3:15:00 PM
From: goldsheet  Read Replies (1) | Respond to of 116759
 
re: BMG

They appear to be seriously ramping Phoenix up.

biz.yahoo.com

Goals include:

Increasing the milling rate by 40% to 30,000 tpd
Increasing production to average 385,000 oz/yr over 13 years
Lowering cash operating costs to below $175 per ounce
Increasing reserves to at least 6.2 million ounces