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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Richard L. Williams who wrote (26613)1/21/1999 12:52:00 AM
From: Stephen O  Read Replies (2) | Respond to of 116766
 
Richard Come on think before you post. 1,000 ounces is only $290,000.



To: Richard L. Williams who wrote (26613)1/21/1999 8:02:00 AM
From: Mark Bartlett  Respond to of 116766
 
Rick,

<<1000 oz/month>>

Insignificant.

MB



To: Richard L. Williams who wrote (26613)1/21/1999 8:47:00 AM
From: long-gone  Respond to of 116766
 
<<Company says it plans to produce 1,000 ozs. a month...would such production depress the price of gold, or is it insignificant compared to world production.>>

With all due respect;
Plans to produce are one thing, actual production is often quite something else again. Remember, At one point POG was depressed of the "big find of BRE-X". I don't know anything about this company,
but who knows how much is really there(or anywhere), or what problems the future might bring when they start mining.