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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (874)	4/27/2001 8:35:05 AM
From: Bruce Robbins	Respond to of 4051

What's nice about hearing talk like this is FINALLY the majors seem to be prepping in anticipation of a gold rally instead of selling forward at low prices. Perhaps they are seeing something we are not <g>? I think PDG will be looking for something with a reserve in Central America. I'd like to think PDG would be looking at FGX and BAY...

To: russwinter who wrote (874)	4/27/2001 12:34:24 PM
From: goldsheet	Respond to of 4051

> Anybody have some ideas about PDG targets? I have often thought of PDG as being a target instead of a buyer. They seem to be a weird combination of older properties in Canada, some Australasian stuff via Placer Pacific, a few messed up projects in South America, a 50% piece of South Deeps, and a copper miner. If I could identify a corporate strategy from this collection of properties I might be able to identify targets.

To: russwinter who wrote (874)	4/27/2001 1:43:43 PM
From: geoffb_si	Read Replies (3) \| Respond to of 4051

Russ: Starting to hear more of this talk from the majors. Have anything you'd like to sell 'em? Anybody have some ideas about PDG targets? From a few sources, I've heard that PDG (and Barrick as well), have visited the Messina (Southernera 70%) mine site in S. Africa. Goldfields of S.A. also have disclosed discussions of an undisclosed nature with Messina representatives. Messina has a 17M oz PGM resource slated to begin production of 170,000 oz/year in 2003. Since gold continues to tread water, it only makes sense for gold majors to consider getting into PGMs, currently a high-margin metal to mine. As far as S. Africa, I understand everyone's concern about doing business in S. Africa ON THE SURFACE. But you have to ask yourself, why would Franco-Nevada put itself at such risk with last year's proposed merger with Goldfields, if S. Africa was such a bad place to do business? Also, why has Placer Dome (South Deeps) decided to make a foray into S. Africa? Geoff