Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ken Benes who wrote (81878)	2/11/2002 4:32:10 PM
From: Eclectus	Read Replies (1) \| Respond to of 116760

Does anyone other than John Tumazos of Prudential really think Newmont is going to $10/share? Eclectus

To: Ken Benes who wrote (81878)	2/11/2002 4:36:06 PM
From: long-gone	Read Replies (1) \| Respond to of 116760

<<"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.>> Then as NEM is the largest gold mining firm in the world, were they to be able to produce all that much less gold wouldn't gold price go up - IN A BIG BIG BIG WAY?