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Gold/Mining/Energy : Wheaton River Minerals (WRM Toronto)
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To: Steve Johnston who wrote (60)5/1/1997 11:44:00 AM
From: Michael Markham   of 350
 
In regards to Gold you forget the possible ERM problems that could cause major, MAJOR currency exchange problems. There is the posible problem for Japan which could also overnight change the stock market picture.

I am not a raging gold bull but I think a $450 per oz level would be a reasonable level.

All thing being considered maybe my $3.00 price for WRM is a bit high lets adjust it to say $2.

Regards,
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