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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC) -- Ignore unavailable to you. Want to Upgrade?

To: Traveling Man who wrote (509)	5/24/2002 11:05:56 AM
From: Tommaso	Read Replies (1) \| Respond to of 587

No, it was ABX that merged with Homestake last year.

To: Traveling Man who wrote (509)	5/24/2002 3:26:32 PM
From: freeus	Read Replies (1) \| Respond to of 587

Did you make money by trading the gold stocks or shoring or just holding for a long time and then taking profits when you needed to? Freeus

To: Traveling Man who wrote (509)	5/24/2002 3:29:13 PM
From: freeus	Read Replies (1) \| Respond to of 587

If the price of gold continues to go up do you think there will be expansion of mines so much that it depresses earnings and stock price? Or has there been enough consolidation of gold companies for that not to happen, iyo? Freeus

To: Traveling Man who wrote (509)	5/27/2002 10:56:42 AM
From: jim black	Respond to of 587

For the record, American Barrick, arch enemy of the non-hedgers for years, co-conspirator (if you believe in that sort of thing) in central bank manipulation of gold, bought Homestake Mining. The history of Homestake is interesting as it was the oldest established gold mine in the USA. People who bought HM back before the '29 crash made in divdidends alone many more times what they paid for the stock in just a few years, not counting what they paid for the stock, the price of which also made them a tidy profit. ABX bought it presumably to try to save its ass in the coming short squeeze skyrocket in the price of aurum. JB