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To: chirodoc who wrote (860)12/20/1997 9:52:00 PM
From: Alan Gallaspy  Read Replies (2) | Respond to of 1546
 
Doc:

.......assuming the price stays low for a awhile, the banks have sold all they want and a lot of mines have shut down i would join you.

Here in Nevada, the main gold mining state here in the US, we are starting to see some layoffs at some of the mines working lower quality ore. The Bullfrog mine near Beatty is for sure scaling back pending higher gold prices, and others are stopping/slowing down as well.