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Gold/Mining/Energy : KITCO - Gold discussion -- Ignore unavailable to you. Want to Upgrade?

To: Mr Metals who wrote (36)	8/30/1998 5:08:00 PM
From: John Mansfield	Read Replies (1) \| Respond to of 989

Thanks, that's is clear (although in my questions I was asking about the difference in price deterioration of these stocks compared to other mining stocks). Still waiting for the best entry point.... with continuing decreasing POG, how many mining companies might go bankrupt (I remember having read somewhere that the avarage cost of mining an ounce of gold is somewhere around $250 - $280; so I think with POG at these price levels, many mining operations are/will be no longer profitable. Several SA mining companies have been closed because of this). TIA for a reaction! Regards, John