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


To: Ken Benes who wrote (56618)7/21/2000 10:39:06 AM
From: Enigma  Read Replies (1) | Respond to of 116779
 
<<"John Tumazos, an analyst at Sanford C. Bernstein & Co., said Barrick has found new gold in Tanzania, Chile and Argentina as well as a bit in Nevada.

``The company is experiencing growth and benefiting from very strong finances and low costs,'' Tumazos said, adding that Barrick is doing better than the average mining company. Newmont is faring ``less well'' than Barrick.

He sees opportunity, though. `` The stocks have greatly lagged the market and have upside opportunity">>.