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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Robbins who wrote (29887)	6/9/2005 8:14:33 PM
From: Amark$p	Read Replies (1) \| Respond to of 313087

wouldn't think running at full capacity or not would make much difference. in any event, the example used was a 27% increase to POG ($330 to $420) would cause a 6.6% (280 vs 300) decline in gold production... the main point is a significant increase in POG would short term cause a small decrease in gold production, which is clearly not what most investors would think..., most would anticipate increased production to take advantage of higher price, but as this article points out, this runs contrary to mine plan dynamics... thanks for your input Bruce.