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Gold/Mining/Energy : Gold Price Monitor

GDXJ 109.23

+3.7%

Nov 28 4:00 PM EST

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To: Hawkmoon who wrote (53657)	6/4/2000 9:13:00 PM
From: goldsheet	Read Replies (2) of 116790

>>Therefore, at $355 POG, "fair value" for XAU would be 94 > Assuming that gold reaches and maintains such a lofty price, aren't we certain to see more "Ashanti's" pop to the surface? I think/hope many learned from the Cambior and Ashanti experience and adjusted some of the more questionable practices. > And exactly what will drive such a price increase? Don't know, it was not my forecast. I still expect a very dull summer then a possible modest fall rally.

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