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


To: pater tenebrarum who wrote (56513)7/19/2000 7:29:57 PM
From: William JH  Read Replies (1) | Respond to of 116897
 
Heinz, You seem to be under the impression that a rise in the price of gold would be good for gold mining shares.

Where did you get an idea like that? Have you been eye-balling charts again? -gg-



To: pater tenebrarum who wrote (56513)7/19/2000 9:11:11 PM
From: goldsheet  Read Replies (1) | Respond to of 116897
 
Here's some cheap gold (Meridian Gold NYSE:MDG)

"The El Penon ramp-up continues smoothly. For the quarter, the mine produced 75,400 ounces of gold at a cash cost of $45 per ounce and total production costs of $83 per ounce. For the first six months of El Penon's production the mine produced 136,041 ounces of gold at a cash cost of $57 per ounce and total production cost of $95 per ounce. Meridian believes these costs make El Penon the world's lowest total cost gold mine."

biz.yahoo.com