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Gold/Mining/Energy : Mountain Lake Resources Ltd ( MOA) VSE

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To: jocko who wrote (406)2/5/2000 7:59:00 AM
From: Peter Bourgeois  Read Replies (1) of 598
 
Hello Jocko,

Nice action on the gold front yesterday. Monday should be very interesting as well. The speculation is that Barrick will finally join with other producers and end their hedging program. If that is true than we should see another climb on monday. Now if Barrick also says that they will buy back some of their hedges, then $350+ is a good bet. From reading some of the posts on Barrick, the majority feel that an end to their future hedging program will be announced, but they will keep the hedges that are already in place. Still I think that monday will see us above $320.

The only thing that could dampen gold on monday will be profit taking.

Interest in MOA's US gold property should be rekindled soon.

Cheers !!! Peter
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