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To: ild who wrote (199431)10/22/2002 8:35:13 PM
From: orkrious  Read Replies (2) | Respond to of 436258
 
futures are only down 3

can ramp this thing again overnight?



To: ild who wrote (199431)10/23/2002 11:40:23 AM
From: ild  Read Replies (3) | Respond to of 436258
 
Two days ago I sent this PM to Heinz

Heinz, are you there?
Any thoughts on RSA golds? HGMCY earnings are down from last Q. Does it bother you?

today I got this reply

i've looked at their results closely, and imo they were much better than they appeared at first glance. a big chunk of the decline came from marking PDG stock to market, and operational difficulties at Ealndsrand/Deelkraal, which have in the meantime been 100% resolved. the other SA miners will also report sequential earnings declines (with the possible exception of DROOY), but imo this has created a buying opportunity rather than being a reason for worry at this stage.

regards,

hb


P.S. If somebody else gets something from Heinz please post it on CFZ.