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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (90814)10/29/2002 3:41:42 PM
From: long-gone  Read Replies (2) | Respond to of 116806
 
<<No one ever said mining was an easy business.>>

Neither is anything else in today's economy. The sole reason some funds & individuals own shares of any company is their history of dividend payment. If the dividends of all mining companies were diverted into exploration & development share prices would suffer perhaps even driving lower credit ratings. Excessive hedging might return & with it an ever lower gold & share price.

Some marketing is also needed in every business.