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Gold/Mining/Energy : Standard Mining, ( Formerly Quest International )

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To: Robert J Mullenbach who wrote (19)7/1/1999 1:51:00 PM
From: Robert J Mullenbach  Read Replies (1) of 462
 
to gamble, take a educated guess.!!

goldminingoutlook.com

THOUGHT OF THE DAY: The U.S. Federal Reserve decided to raise the federal funds rate by 0.25%, while
leaving the discount rate unchanged, and adopting a neutral bias instead of its previous tightening bias. This means
that the Fed is being quite tame in its inflation-fighting effort, which is certain to lead to increased inflation over the
next few years. With momentum readings for gold turning positive and short sellers moving close to key chart bailout
points, at the same time that commodities are showing critical bullish signs (see more on commodities below), gold is
set for a major upward price spike.

Standard is in the gold business.

their super currency is backed by gold.

with a gold rally, I feel they will find financing. IMO. only a guess.

stock is cheap, and if they can float some for cash, or have a merger, or asset sale. presto.

happy trading.

I sure hope by 2010, they drill to the 5,000 ft level at Damoti.!!
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