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

To: long-gone who wrote (80911)	1/19/2002 1:41:18 PM
From: E. Charters	Read Replies (1) \| Respond to of 116922

price of gold? price of gold? You talking to me? Well the prix d'or is one fine consideration, sir, and one more consideration is the actual financial health of the mine at any price. We used to make mining plans based at 300 dollar gold in 1981 when gold was closed to 350 dollars per ounce. But you cannot raise a copper farthing whence the price of gold goes south. Argue as you will that the mine is viable anyway. The do nothing unless its max capitalization strategists win out. Nobody will talk mining in Canada anymore despite the record price of platinum metals and the firm holding price of diamonds. It should still be a mad scramble to get mines going up here. But people are so shy, you would think that they had been bitten by a mad dog and would only come of the cave when the next ice age looms. EC<:-}