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

To: long-gone who wrote (74285)	7/31/2001 6:42:46 PM
From: gold$10k	Read Replies (1) \| Respond to of 116837

What was "THE STREET" expecting? (spoken with the voice of Steve Martin in his "wild and'a crazy guy" personna... <g>)

To: long-gone who wrote (74285)	7/31/2001 7:30:33 PM
From: Rarebird	Read Replies (2) \| Respond to of 116837

<think HM earnings of $0.08 will shore up xau hui?> No. Average cash cost per ounce was impressive at $157. But Cash flow from operations was 2M less than the second quarter a year ago. What were the earnings based on? There was a "a $5.6 million gain from the sale of discontinued sulfur operations and oil and gas assets in the Gulf of Mexico and a $6.3 million after-tax non-cash gain generated by the relative strengthening of the Australian and Canadian dollars against the US dollar."

To: long-gone who wrote (74285)	7/31/2001 11:23:39 PM
From: gold$10k	Read Replies (2) \| Respond to of 116837

Those are gangbuster numbers that HM put up, especially compared to a year ago. But as to whether that will shore up XAU and HUI... I don't know. Sometimes it seems like the POG and the gold stocks are on different frequencies and you have to wait until they get in sync before there's any significant movement. Until then, the market seems to either ignore good news or celebrate it one day and forget it the next. I don't sense any imminent rally or downdraft, but then again... this is the gold market.