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

To: goldsheet who wrote (81564)	2/5/2002 1:49:00 PM
From: long-gone	Respond to of 116815

Sorry, bout putting words into your typing, but at least I did post it in the form of a question :) yes, a miner simply having survived this extended down period has been a passing of a test by fire. It may also have been the buying opportunity of a life time.

To: goldsheet who wrote (81564)	2/5/2002 2:33:36 PM
From: PAUL ROBERTSON	Respond to of 116815

any thoughts on TVX? If it trades a little higher it will have a short term target of $1us. Do you think it will survive in the gold below $300 environment?

To: goldsheet who wrote (81564)	2/5/2002 10:39:21 PM
From: goldsheet	Respond to of 116815

The death of mining appears to be greatly exaggerated. Found a nice article in the January 2002 issue of Engineering and Mining Journal which presented some great data from Raw Materials Group (http://www.rmg.se) They have a database of 650 active mining investment projects, including 250 gold projects, with combined planned investments of $US98 Billion dollars. Top 3 Commodities: $33B are copper projects, $23B gold projects, and $16B in nickel Top 3 Countries: $14B in Australia, $10.7B in Chile, $6.9B in the US