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To: re3 who wrote (125327)5/20/2001 9:06:06 PM
From: Kevin Podsiadlik  Respond to of 164684
 
WOW, wonder who got squeezed. Now I really wish I hadn't closed out NEM.



To: re3 who wrote (125327)5/20/2001 9:43:43 PM
From: H James Morris  Respond to of 164684
 
>gold is going effing bonkers tonight !
Ike, its all about the fed putting the slowing US economy in front of inflation fears.
Btw
Do you want to see what Billy really looks like? He's down on the left hand side under seminar and appearance schedule.
Doing business as 'big Joe'.:O)
gruntal.com



To: re3 who wrote (125327)5/21/2001 11:01:49 AM
From: craig crawford  Read Replies (2) | Respond to of 164684
 
Stocks like HM & NEM exceeded their avg daily volume in just the first hour today.



To: re3 who wrote (125327)5/21/2001 4:39:43 PM
From: H James Morris  Respond to of 164684
 
Ike, gold can't beat tech for fast gains. It just can't...not if you're in a hurry.
>NEW YORK, May 21 (Reuters) - Goldman Sachs on Monday raised its 12-month target prices on several gold mining companies after last week's interest-rate cut by the Federal Reserve fueled a spike in gold prices.

Analysts Daniel McConvey and Jim Copland upped the target prices on shares of Freeport-McMoRan Copper and Gold (NYSE:FCX) to $18 from $15, Barrick Gold (T.TSE:ABX) to $21 from $20, Placer Dome (T.TSE:PDG) to $13 from $11, Normandy Mining (NDY) (T.TSE:NDY) to $1.30 from $1.10, Newcrest Mining (NCM) to $4.75 from $4, and Newmont Mining (NYSE:NEM) to $25 from $18.

The target price on ADRs of South Africa-based AngloGold (ANGJ) (NYSE:AU) was raised to $23 from $20.

McConvey and Copland also said in a report that they re-established a target price for Homestake Mining (NYSE:HM) at $8.00 and Lihir Gold (NASDAQ:LIHRY) at 90 cents.