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Gold/Mining/Energy : Gold Price Monitor

GDXJ 106.75

-0.5%

Dec 3 4:00 PM EST

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To: Winzer who wrote (37065)	7/12/1999 11:58:00 PM
From: Braincramp	Read Replies (1) of 116791

Who would buy $US400 gold They may sell forward at $256, who can tell the bottom of gold at this time. ABX has a cash cost of $130, at $256 they are still in the black. With the cash they have at this point, they would like to see gold decrease some more so they can buy up a few company's at fire sale prices.

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