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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.08

-1.7%

Nov 3 4:00 PM EST

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To: Claude Cormier who wrote (36050)	6/28/1999 10:17:00 AM
From: Bobby Yellin	Read Replies (1) of 116741

there is a psychological effect..many are probably watching what Barrick is doing..if Barrick started closing its positions others in the market might view it as Munk's thinking that the bottom is in.. (ps I bet they have a list of the most promising properties and if the junior defaults, nothing would stop Barrick from buying the properties cheaply and avoid the middle man-do you think that is a faulty argument on my part?)

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