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Non-Tech : Goldman Sachs Group Inc. NYSE:GS

GS 776.31

+0.1%

Nov 18 3:59 PM EST

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To: long-gone who wrote (172)	10/11/1999 2:23:00 PM
From: The Barracuda™	Read Replies (1) of 411

ted butler (El B) ID#317184: Copyright ¸ 1999 ted butler/Kitco Inc. All rights reserved Look around - we passed the moral hazard stage many moons ago. The interesting thing about Ashanti, is that it's outside the mining axis - North and South America and south africa. Don't think the Ghanian government ( the real owner ) won't figure out soon that they could walk away from the this whole hedging mess and be left with a 1.5 million ounce producer and a 12,000 man workforce. Let's see, at 600 that's a billion gross and maybe 500 million net. That goes pretty far in Accra. Of course, the NY banksters know this - the question is - can they get the papers signed before the Ghana wakes up?

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