Phil, my money is on those that say the price of gold being reported
as around $275 today is not for real, just as the price of an mgr share
today of 5 cents is not for real. For myself I have put my money into MGR
because I believe Dave Webb can make it a success story, with or without Bumbat.
And I have left my money into MGR, holding all the mgr shares I ever brought.
Even if MGR does not in the near future agree to mine Bumbat, MGR will in
the future mine Bumbat, and my belief that the price of gold will go high
to a big number over 300 because the evidence exist today to prove that
the price of gold has been kept under 290 for not valid or legal reasons.
The facts for the above will start to be disclosed soon, where soon is a
measure of time not yet knowned.
As for 1998 when 1999 is correct, the following is where I got it.
.. the shorts will start to freak, the price of gold will rise and
march towards its equilibrium price of $500 per ounce.
Keep the faith!
Midas
Bill Murphy ( Midas )
After graduating from Cornell University, Bill was a starting wide
receiver with the Patriots of the old American Football League and has
been around the financial and commodities markets ever since. He owned a
futures firm in N. Y. that specialized in precious metals and was a
contributor to Veneroso Associates, a global strategic investment firm
and producer of the 1998 Gold Book Annual.
Disclaimer notice: Midas du Metropole does not look like an investment
advisor, nor is he one. Any comments about any gold and silver shares by
Midas or any of the Cafe members are for your information and
entertainment only. They should not be regarded as advice and should be
treated like comments passed on at any other Cafe. We are only relating
as to what we like for our own accounts.
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