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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Crimson Ghost who wrote (41118)	9/27/1999 4:14:00 PM
From: Alex	Read Replies (2) of 116786

CANADA'S BARRICK LAUDS CAP ON EUROPEAN CENTRAL BANK GOLD SALES New York--Sep 27--Canadian gold mining giant Barrick Gold Corp. today applauded the announcement of European central banks to cap gold sales at 2,000 tonnes over the next 5 years, as it takes a great deal of uncertainty out of the gold market. This move has caused gold prices to surge above US $280 per ounce for the first time in more than 4 months. (Story .18291) ************************** This would be a good time for Barrick to step up to the plate and close out their hedge. Squeeze anyone?

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