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Gold/Mining/Energy : GOLD-XAU
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To: IngotWeTrust who wrote (1044)1/8/1998 3:54:00 PM
From: Bucky Katt  Read Replies (1) of 1756
 
49r--You should have waited on your ABX purchase. Also, look at the horrid news on NEM>> Leading Peruvian miner Buenaventura (BUEt.LM) dropped 10 percent
on opening trade at the Lima bolsa due to information circulating in the market of an unfavorable
turn in a legal dispute over its stake in the massive Yanacocha gold mine.

The 10 percent fall to 11.58 soles on volume of 25,150 shares -- the maximum drop allowed
under local bolsa rules -- followed a similar 10 percent loss in Wednesday's session.

Buenaventura is the joint owner with Canada's Newmont Mining Corp (NYSE:NEM - news) of
Yanacocha, the largest gold mine in Latin America. But both companies are currently embroiled in
a lengthy legal dispute with France's state-owned Bureau de Recherches Geologiques et Mineres
And it get's worse everyday. Down another limit the morrow??
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