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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.56

+6.1%

Feb 6 4:00 PM EST

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To: Enigma who wrote (57117)	8/7/2000 11:49:19 PM
From: Ken Benes	Read Replies (1) of 116972

I have reread your post, "93 tons- less whatever other producers reduce or add - it may be macro - but gets lost in the cb action. 93 tonnes represents 25% of the total 400 tonnes of cb sales allowed per annum under the Washington agreement. Further it does not get lost in the cb action, it compounds the impact of the cb sales on the pog. The sophistry employed by the producers and their apologists to rationalize their overproduction amazes me. I cannot wait to hear your double density bable explaining how 93 tonnes get lost as per your post. Ken

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