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To: benwood who wrote (103719)5/21/2001 1:16:45 PM
From: Shack  Respond to of 436258
 
Great point.



To: benwood who wrote (103719)5/21/2001 1:19:38 PM
From: craig crawford  Respond to of 436258
 
05/21 07:52 GOLDMAN SAYS RAISES FREEPORT-MCMORAN <FCX.N> 12-MTH TARGET TO
18 FROM $15

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 <FCX.N> to $18 from $15, Barrick Gold <ABX.TO> to $21 from $20, Placer Dome <PDG.TO> to $13 from $11, Normandy Mining <NDY.AX> <NDY.TO> to $1.30 from $1.10, Newcrest Mining <NCM.AX> to $4.75 from $4, and Newmont Mining <NEM.N> to $25 from $18.

The target price on ADRs of South Africa-based AngloGold <ANGJ.J> <AU.N> was raised to $23 from $20.

McConvey and Copland also said in a report that they re-established a target price for Homestake Mining <HM.N> at $8.00 and Lihir Gold <LIHRY.O> at 90 cents.