Nipp,
Here's the link to the article you refer to, and he's certainly playing down the potential for further increases for gold bullion, maybe a but too much, as it is still currently advancing!
He also didn't really give any fuundemental examples, rather mentioning Oxus as well as a couple of other miners as examples, without going into specifics.
I see the article as a general one, rather than Oxus related, and it won't cause me to lose any sleep, although it's not a bad idea to try and inject a touch of reality to those that think the rally in gold will last forever.
Prsonally, I still see the likes of Oxus and Avocet as being attractive investments, and believe both will rise in 2004.
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