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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.80

+0.9%

Nov 19 4:00 PM EST

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To: Ken Benes who wrote (51740)	4/20/2000 3:48:00 PM
From: goldsheet	Read Replies (2) of 116764

Here's a strange thought; Since miners can't control themselves to limit supply, maybe we could use legal and regulatory means to prevent them from producing. Something like the environmental initiative in Montana that prevents the use of cyanide in leaching (which Canyon Resources is fighting). We gold investors could become "temporary environmentalists" and try to shut down as many producing mines as possible, but we would have to be careful not to affect the mines of the companies we are invested in. I guess it isn't that easy to affect the laws of supply and demand, so I guess we will just have to accept the industry the way it is (warts and all) and do the best we can as investors.

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