Birim Goldfields Inc. (BGI-T) Message Board

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Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T)

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To: Brian MacDonald who wrote (408)	12/4/1999 7:47:00 AM
From: Winzer	Read Replies (1) of 922

<<Hoping for the deal to be signed real soon - like early next week.>> With everyone making lots of doe on the internuts, it becomes more tempting to take losses on the speculatives and buy them back in RRSP's etc before the deal is signed. It is hard to keep the faith when you see the POG being whacked (manipulated ? - GATA seems to think so) down before the end of the year because of Y2K concerns. GATA also claims that there were more companies impacted by the Sept 26 decision by the European Central Bank to limit Central Bank gold sales. So I guess we can only see a price recovery in the new year once the dishording of Y2K related "cash(gold) reserves" is absorbed by the market and the shorts have to come up with the cash. Confusing? Bottom line is that Goldman Sachs (the group alleged by GATA to be the lead manipulator) is calling for $US 375 gold next year. So, I guess that we just have to sit and wait. Winzer

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