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


To: goldsheet who wrote (72408)6/26/2001 1:53:28 PM
From: Ken Benes  Respond to of 116805
 
That is a pretty good reason to avoid gold stocks unless you are a trader. Not a bright future for the sector, I see little investor interest in a long term growth scenario for a gold issue.

Ken



To: goldsheet who wrote (72408)6/26/2001 1:56:00 PM
From: long-gone  Read Replies (3) | Respond to of 116805
 
This one is it! No more fun runs.



To: goldsheet who wrote (72408)6/26/2001 2:12:42 PM
From: lorne  Read Replies (1) | Respond to of 116805
 
> 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.<<

Hi Bob. Every other metal is not a threat to the US$ so I wonder if it is wise to have to have one company in control of so much gold production. And IMO so long as bush and mulruiney sit on the board of directors there will be some government influence in this company, I have been told on this thread in the past that they are like any of the other
directors in this company. I just don't think so.
Lorne