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


To: kirby49 who wrote (81719)2/7/2002 4:35:06 PM
From: E. Charters  Respond to of 116815
 
Well we would still be in Rome, if the Hun chicks had a vestments interest in conquering the old hard way.

On another note, Gold's unstoppable charge is putting Newmont in the black. I had been out of touch so long I did not even know they were red. But now they are black. 10 C a share, 20.2 million profit this quarter. This despite gold's production costs being higher for some reason.

Still, Newmont's share price is up 70% from last year. Can they react to any more good news? Or are they fully discounted as you would usually suspect?

The pump and dump sector is what really lags. Soon the-not-a-hope-in-hell crowd will entice the drooling masses to stare into the face of the charming penny stock Cobra as it wends its hypnotic dance out of the basket-case. I can hear the music now. "dood a daddle, dey day, weze a rising on a penny stock play.. etc... hey hey" (Sung to Camptown Races)

Alas! M. Pezim is dead! Who will launch the junior short squeezes of yesteryear with their siren song of Hemlo, here we come.

Teck's Pogo will get new mention sans doot. Actually bigger than Hemlo, this half ounce per ton monster hit late in the gold price fall and what should have been the biggest land rush in Alaskan history was a yawner for all that.

EC<:-}