Natural Resources >> Analyst Interviews >> December 25, 2000
VICTOR FLORES is a Senior Analyst with HSBC Securities (USA) Inc., focusing on
precious metals. Previously, he was associated with Marleau, Lemire Securities,
Inc., and U.S. Global Investors. He earned both his Bachelor's degree in
Geological Sciences and his MA in Energy and Mineral Resources Management from
the University of Texas at Austin. A Chartered Financial Analyst, Mr. Flores is
a member of the AIMR and the Society of Mining Engineers. Profile
TWST: Let's begin by taking a look at how the gold stocks have performedover the past 12 months. Why have they been under such pressure?
Mr. Flores: I think there are a couple of reasons.