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

To: russwinter who wrote (1662)	7/20/2001 12:15:39 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 4051

Russ, Production cutbacks are also starting to show in the slver market as well businesswire.com Base metals miners will do same big time as well if we get into a recession as many expect. there will be more Cominco who prefer to sell their electricity insted of using it to run their smelter. I don't know when... but the opportunity of a life time in metals is coming. A deep recession in 2002 followed by a recovery would see metals prices go trhough the roof in the following 5 years. While waiting for this grand bull, we should have one very nice rally in the fall. CC

To: russwinter who wrote (1662)	7/20/2001 2:22:26 PM
From: goldsheet	Read Replies (1) \| Respond to of 4051

> Aussie production dwindles Here we go again for the second quarter <grin> You point out the drops; Newcrest 255 202 -43 Delta 130 119 -11 Sons Gwalia 117 98 -19 --------------------------- 502 419 -73 -18% I point out the gains: Cameco 56 61 + 5 Freeport 359 752 +393 Goldcorp 19 161 +142 Miramar 30 37 + 7 --------------------------- 471 1004 +533 +113% NET RESULT 973 1423 +460 +46% Too early in the reports to get a good feel for the numbers, but flat seems more likely than any significant decrease.