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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: CIMA who wrote (1270)3/22/1998 3:00:00 AM
From: zenin   of 34075
 
On the issue of a target of NASDAQ listing for this company here are a few interesting issue related to new rules that are starting to be inforced :

azcentral.com

...............

Issue's of interest to the OTC and NASDAQ market will also be changing due to the news of the NASDAQ/AMEX exchange merger :

nasdaqnews.com

How will this impact upon all OTC/Pink sheet stock in the coming months as the merger is completed ??

............OFF TOPIC.....

Major gold companies mull global millennium coin

LONDON, March 21 (Reuters) - The world's biggest gold mining companies are planning to produce a millennium coin that could absorb more than 1,000 tonnes of gold, Britain's Sunday Telegraph newspaper said.

The project is being led by Canada's Barrick Gold (ABX.TO - news) but would be coordinated from the London headquarters of Swiss Bank Corporation, the Telegraph said.

The companies hope that the planned coin would mop up surplus gold supplies and lift the gold market out of the doldrums.

The Telegraph said the prices for different-sized coins would be linked to the prevailing gold price. The most popular size was expected to be the one-ounce coin, which at current values would cost
around 200 pounds.

Other companies said to be involved in the project include Anglo American Corp (AMSJ.J) of South Africa, Newmont(NGC - news) and Placer Dome(PDG.TO - news).

...............

Cheers,

Jay Kells

P.S: If you want to be added to the NASD mailing email list you can do so by sending a message to :

BeaucheS@nasd.com
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