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Gold/Mining/Energy : IGCO - Intergold Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Robert Page who wrote (40)	5/26/1999 2:35:00 PM
From: Chuck Delo	Read Replies (1) \| Respond to of 69

This is from a new message board for GOLD. Notice the reserve amounts, cost of extraction, then check out the current price. Chuck Started By: B Hamilton Date: May 24 1999 3:13AM ET This South African company has an EPS of $1.03 a PE of 3.28 and a yield of 6.36% Web Site at goldfields.co.za Developers of the The BIOX Process for Refractory Gold Ores ********************************** Company Description Gold Fields Limited was created in January 1998 from the merger of the gold assets of Gold Fields of South Africa and Gencor. Its "core assets", the Beatrix, Driefontein and Kloof mines, are three of the world's largest, low-cost producers of gold. In addition, it produces gold from the Oryx, Tarkwa and St. Helena mines. Tarkwa is in Ghana, all the other mine complexes are located in South Africa. Gold Fields today is the world's fourth largest gold producer, with over 3 million ounces produced in 1998. This is expected to increase by 10% due to organic growth at Oryx and Tarkwa over the next twelve months. Total production costs, including capital expenditure of $249 per ounce during the December 1998 quarter, rank very competitively by world standards, and these costs are expected to decline as the company implements its vision for operating excellence. Its reserve base of 72 million ounces ranks Gold Fields as the world's second largest gold mining company and creates a life expectancy of over twenty years. ************************************** The share price is very atractive right now. Does anyone have a good reason why this company would not be one to add to ones portfolio? Or does anyone have something positive to say about this South African Company? Brien Hamilton