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Gold/Mining/Energy : denison mines

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To: marcos who wrote (143)1/16/1998 12:17:00 AM
From: Lalit Jain  Read Replies (1) of 301
 
marcos,

Thanks for the URL. I have been waiting for this news for a few months now. This is certainly good news for Denison. 35-dollar oil would certainly spark Denison, and imagine what it will do for gold.

About Barrick's buy back (upto 10% of their o/s stock) could be included. Although it does not directly affect the POG, it does provide a bullish outlook to the overall gold market.

You know marcos, I have to hand it to you. You always seem to make the right trading calls re:Denison. I think oil and gold may be set to move up (at least for the short while). POG is up $1.50-$2 in early morning trade (Jan16th) in Asia.

Cheers, Lalit Jain
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