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


To: Ken Benes who wrote (72406)6/26/2001 12:53:35 PM
From: re3  Read Replies (1) | Respond to of 116811
 
what is your time frame for your scenario ?



To: Ken Benes who wrote (72406)6/26/2001 1:06:53 PM
From: goldsheet  Read Replies (3) | Respond to of 116811
 
> What does a 10 million ounce producer do for the price of gold

Absolutely nothing, consolidation is needed to affect the cost (not price of gold)
Every other metal has 3 or 4 producers that control 50-75% of production.

> effects be on the share price of the gold stocks

Well, if you can not get the price up, then you have to get the costs down to increase your margins.
Doing something is better than sitting around complaining about how bad things are.