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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (84936)	8/13/2007 11:17:51 AM
From: alphaletter	Respond to of 110194

Richard T. O'Brien, President and Chief Executive Officer, said, "As we refocus our efforts on cost control and operational efficiency, we continue to expect gold sales of between 5.2 and 5.6 million equity ounces at costs applicable to sales of between $375 and $400 an ounce for the year. For the quarter, our financial results were impacted by several strategic initiatives, including the write-down associated with the discontinuation of our Merchant Banking segment and the elimination of our remaining gold hedge positions. biz.yahoo.com