MIRANDOR-MIQ ON MONTREAL Message Board

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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: saul mikaliukas who wrote (2069)	7/28/1998 4:21:00 PM
From: Bob Tate	Read Replies (1) of 2635

Hello Saul Kinross Corporation repurchased spot deferred sales contracts for 208,200 ounces of gold, sold 103,750 gold put options and closed out a substantial trading position. They closed all PUT options in anticipation of higher Au price. USA gold also reports very little supply coming out of producers in anticipation of the same.

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