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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Brian Gerbozy who wrote (624)11/15/1997 1:56:00 PM
From: Harry K   of 1348
 
A LOT LESS Gold and Silver available should mean some kind of upwards correction in the prices - but since the correct amounts were already reported on Nov. 14th, any changes would have already been registered in these commodities' prices. Check out the price of spot silver in late night trading Nov. 13th on Kitco's site. Note silver skyrocketed to U$5.24 before easing back on Friday to around $5.08. That $5.24 peak was the wild speculation behind a perceived shortfall. Later, these speculators realized that the misported PERCENT of the TOTAL amount of gold and silver out there wasn't that great, so the prices cooled off!! Anyways, anybody else agree with me?

Also, note the price of NDU has firmed a tad higher lately? Also, UKH prices have firmed up a bit also - it's now trading at the bottom of its trading box (0.60 - 0.80).

Harry K.
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