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To: long-gone who wrote (85200)5/7/2002 12:44:41 PM
From: goldsheet  Read Replies (3) | Respond to of 116834
 
> I thought I was talking about the investment / mining / corporate environment in South Africa

It still takes 10 mining firms to produce 50% of the world's gold, so there is room for more industry consolidation. I previously suggested we would see a 10moz producer and maybe two 8moz producers. I will leave you to speculate which companies could combine to hit those levels, but it is possible, even probable, IMHO.

> ABX was only a proxy.

Exception: you can mention ABX only if you are slamming their hedge position ;)