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

To: Claude Cormier who wrote (2767)	10/16/2001 7:38:38 PM
From: goldsheet	Respond to of 4051

> Are these properties profitable at current metal prices? Probably close to breakeven, but I will have to go through the annual report in detail. Pasminco got into trouble by focusing on one commodity, expanding too fast using debt, and lousy currency hedges - more finanacial than operational (IMHO) The mines should be OK in the long-term. (I know Century is a little off operationally - has not met planned operation targets yet) P.S. Base metal stocks have had a good move (up 20-25%) since I first mentioned them for bottom fishing. As always, wish I had followed my own advice with more $$$ ;)