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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.06

-1.4%

4:00 PM EST

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To: Little Joe who wrote (7001)	1/31/1998 11:43:00 AM
From: JD	Read Replies (1) of 116762

Agree bottom for POG. LJ - I agree with your assessment re market having already discounted the POG projections for '98 and that we may havel hit the bottom. As for PDG I wouldn't use it specifically as the barometer. Its price is still much influenced by speculation regarding negative outcome of its Venezuelan problem and was IMO a large part of its drop the last couple of days ..... (KRY up about 40-50% last couple of days) JD

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