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

To: Ken Benes who wrote (81871)	2/11/2002 3:42:01 PM
From: long-gone	Respond to of 116760

<<not a bad closing. >> As if xau is really an indicator, i'm not happy about a close greatly below 65.

To: Ken Benes who wrote (81871)	2/11/2002 3:45:42 PM
From: Ken Benes	Read Replies (2) \| Respond to of 116760

Prudential analyst John Tumazos downgraded Newmont from "hold" because of concern over the company's reserve levels, as well as the stock's recent price appreciation. "Several of the deposits that Newmont classifies as reserves or resources appear suspect," he wrote in a research note, "and we worry that Newmont might buy out its partners or invest capital to build large mines that produce no gold at a profit." This from the group who was calling enron a screaming buy with nothing more than a set of cooked books behind them. Ken