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

To: russet who wrote (2813)	5/17/2002 6:16:44 PM
From: goldsheet	Read Replies (1) \| Respond to of 3558

A little off topic, but thought you might enjoy: Aurion Gold to continue cutting hedge book "company planned to reduce its forward sales exposure to 60 percent from 86 percent of its total reserves over the next two years." biz.yahoo.com

To: russet who wrote (2813)	5/17/2002 6:25:33 PM
From: goldsheet	Read Replies (1) \| Respond to of 3558

For my spreadsheet I decided to add NEM and Normandy for Q1-01 to get 1.98moz, and to take the Q1-02 reported number and estimate another 7 weeks of Normandy production to come up with 1.708moz. May not be prefect, but I do feel comfortable with a real decline of 271,000 ounces. goldsheetlinks.com The impact of a temporary shift at Grasberg dropped Freeport by 395K and Rio Tinto by 209K. The problems of Nevada and Superpit, affecting both ABX and NEM, dropped them 113K and 271K, repectively. These four give us about a million ounces less this quarter versus last year.