SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (77634)9/28/2001 10:45:14 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 116896
 
Those are good numbers, Bob, thanks...

1996:130k PD's GOLD production prior to inclusion in the XAU index
1997:109k "
1998:149k "
1999:139k "
2000:117k PD's gold production year 1 after inclusion in [lamented?] XAU index
2001: 100K+ ESTIMATED
SUBTOTAL FOR 6 years
~~~~~~~~~~~~~~~~~~~
744,000 t/oz
(Avg of 124K t/oz per year)

So, let's put it into perspective.
How many ounces of just ONE of BOE's sales does ALL of PD's annual 6 year avg production represent?

Thanks



To: goldsheet who wrote (77634)9/29/2001 2:01:07 AM
From: Stephen O  Respond to of 116896
 
How stable is PD. The price is going down fast. The price of copper is low and PD are a high cost producer. Add in their debt and you have problems.