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To: Archie Meeties who wrote (19285)	11/9/2004 10:55:52 PM
From: Claude Cormier	Respond to of 312594

< Do you think that gold mining companies are sensitive enough to energy costs that share prices could respond positively to a fall in petroleum prices?> Yes if the oil price drops enough. Some will, especially those who need generators for electricity.

To: Archie Meeties who wrote (19285)	11/9/2004 11:01:15 PM
From: Proud Deplorable	Respond to of 312594

Might I suggest that low oil prices are highly inflationary and that oil is very undervalued right now? Aside from doctored CPI reports we all know that in reality inflation has been totally out of control in recent years resulting in bubble after bubble. In order to bring things in line oil should be 100.00 a barrel. I think lower oil prices will translate into too much stimulation resulting in increased inflation. But hey that's good for gold. Actually gold would rise in the fearful environment of higher prices and it would rise in a highly inflationary environment....we win both ways.