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


To: gold$10k who wrote (1607)7/15/2001 12:32:28 PM
From: russwinter  Read Replies (1) | Respond to of 4051
 
<Pollitt's views>

He actually seems more pessimistic on the production outlook than I am, but I haven't quite worked through it yet. So far I can see about a fourth of the production of the major names I've done depleted by mid-decade, and very few new projects scheduled to come online(unless there is a mad scramble). By the end of the decade at these prices, production rates, high grading and level of inactivity (and yes, just buying someone else's existing output is inactivity), I see maybe a half to two-thirds in mine heaven.

Here's more of Pollitt:
seabridgegold.net