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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (21261)	9/27/2003 4:13:58 PM
From: Elizabeth Andrews	Read Replies (3) \| Respond to of 39344

I'll make this as simple as possible. For mining companies to grow they need exploration prospects. Wheaton River has none. "Although Wheaton River’s activities are primarily directed towards mining operations and the development of mineral deposits, its activities also include the exploration for and development of mineral deposits." Its growth is by acquisition and they, so far, have acquired an unprofitable gold mine, a bankrupt silver mine and a marginal copper gold producer with a limited life from a major. None has much demonstrated exploration potential. Okay?