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To: Claude Cormier who wrote (93900)3/3/2003 1:21:37 PM
From: goldsheet  Read Replies (4) | Respond to of 116753
 
> am really not sure that production will be that high. It will have to go down in the next 3-4 years before in comes back up.

Absolutely will go down for a few years.
It dropped 2.3% last year from 2604mt to 2543mt
I think 2250mt will be the absolute bottom (not 1800mt)
Projects already in development could bring us above 2600mt by 2007,
and I see at least 10% increase (2860mt) above that due to much higher gold prices

I did a "fun chart" where I flipped the x axis and matched the double bottoms to "mirror" the future.
I doesn't mean anything, other than I wanted to see what it looked like to climb out of the double bottom the same as we went into it.
goldsheetlinks.com

P.S. I just made may craziest prediction since early 1996 (sell everything!) and you seem to agree with it !