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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: nickel61 who wrote (2751)	5/16/2002 2:09:59 PM
From: goldsheet	Respond to of 3558

<Indeed, Newmont can take a bow for one of the most comprehensive and clear quarterly reports despite coming out of a tumultuous acquisition.> I was having an awful time figuring their production numbers, since they only included six (6) weeks of Normandy, and reported Newmont only numbers for Q1-01. The figures are not at all comparable, and I wish they would consolidate all historical data. My calculations tell me that Newmont really produced 1.7moz in Q1-02 versus 1.98 in Q1-01, which would correctly reflect drops in production at Nevada ops and Superpit. <That gave Lassonde the room to continue his aggressive promotion of Newmont as a "non-hedger" > Claim what he will but it is not true, as 7.3moz clearly shows. (that's a lot of wiggle room)