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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: goldsheet who wrote (7812)9/18/1999 2:00:00 AM
From: long-gone  Read Replies (1) of 81164
 
<<If I were a major miner, I would not mind having gold go down further in the short-term, which would reduce the value per ounce of reserves in the ground, then I would acquire reserves at fire sale prices for a long-term benefit to shareholders. Personally, I'm surprised Barrick hasn't bought Newmont. Both produce about 4 million ounces, both have reserves in the 60 moz area, but Barrick is valued at $US7.5B and NEM is $3.2B>>

I believe Soros still holds super majority in NEM & is far from willing to sell.
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