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

To: goldsheet who wrote (51935)	4/26/2000 12:27:00 AM
From: Vitalsigns	Respond to of 116779

I found this statement in the post quite interesting. How long do you think this can last? I have a mitt full of PDG betting that the price discrepency will come back to normal ranges very soon. Adding together all the global gold, copper, aluminum, nickel, zinc and diamond producers represents a business with a total market capitalization of about US$200 billion dollars. For perspective, there are individual companies in the U.S. such as Microsoft or Cisco Systems that are valued at over US$400 billion. Even the biggest mining company in the world, Rio Tinto, with a market capitalization today of US$25 billion, looks very small. Taking the comparison even further, the Canadian companies look downright puny. Alcan has a US$10 billion value and then it drops quickly to Inco and Noranda at US$5 billion.