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 and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (3364)	9/19/2002 8:41:50 AM
From: long-gone	Read Replies (1) \| Respond to of 4051

<<"Gold Fields Mineral Services (GFMS) now believe that the world's current mine production levels may not be sustainable," the company said.>> Am I wrong or does this state the exact opposite condition of those many reports they published only a few months ago?

To: russwinter who wrote (3364)	9/19/2002 6:18:23 PM
From: goldsheet	Read Replies (1) \| Respond to of 4051

<Beacon Group's modeling showed global output below 60-million ounces by 2010, down from current levels around 83-million, if bullion prices averaged $275.> Gold prices are almost $50 higher now, and if you read my comments of sustained production they were based on higher gold prices. If miners didn't give up at $250, they are not going to quit at $325, $350, or higher. We all know production in North America and Nevada will decline - it's old news. Go South Young Man ;)