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To: patron_anejo_por_favor who wrote (265872)	11/4/2003 4:30:16 PM
From: yard_man	Respond to of 436258

he's the exception, I see a lot of folks cautious and talking about the pullback going lower ...

To: patron_anejo_por_favor who wrote (265872)	11/4/2003 4:31:10 PM
From: Pacing The Cage	Read Replies (2) \| Respond to of 436258

Re: "Bad news for NEM holders" GFI Too? Gold Fields Considers $195M Share Placement Tuesday November 4, 12:32 pm ET By Adam Aljewicz and Angus Macmillan, Of DOW JONES NEWSWIRES biz.yahoo.com JOHANNESBURG (Dow Jones)--Taking advantage of a bullish gold market, South Africa's Gold Fields Ltd. (NYSE:GFI - News) said Tuesday it's considering an international share placement which could be used for funding its existing projects in Ghana and Australia, or future offshore growth opportunities. The equity offering of approximately 12-15 million new shares will be made to international institutional investors, and could raise as much as $195 million. "It's opportunistic," said Leon Esterhuizen, an analyst at Investec, "but not unexpected and could be a sign of something big to come as a capital raising will add more firepower to their relatively strong balance sheet." The share offering - which is not open to the investing public - would dilute Gold Fields' issued capital by about 2.5% to 3%. Gold Fields' shares fell on the news, closing ZAR3.52 ($1=ZAR6.93), or 3.7%, lower at ZAR90.99 in a declining gold share market.