Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (2860)	2/19/1999 4:49:00 PM
From: Syncrude	Read Replies (2) \| Respond to of 3282

DoubleD, (OT) Your reference to per capita figures does NOTHING for the price of gold. Yes, the world's population has grown, but FEWER people want gold. You better get used to lower gold prices. The focus of mining companies is to reduce COSTS of mining, given the little hope of SUSTAINED higher prices for the output. Mining companies keep punching holes in the ground all over the world and keep coming back with HUGE deposits. Gold is being produced at rates never seem before and more mines will come on stream over the next few years. All of it is being added to INVENTORY.