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Gold/Mining/Energy : Kinross Gold

KGC 24.95

-2.0%

Nov 17 3:59 PM EST

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To: Sam who wrote (240)	11/4/1998 6:58:00 PM
From: Taylorm.	Read Replies (1) of 530

Just watched cbc business world and a guy named Joseph Schachter was on from Schachter asset management. He is a metal and gold specialist and is predicting a gold price of 320.00 before xmas and after new year possibility of 340.00. His reason , xmas season coming and chinese new year is in February this year. A lot of mines are closed down and not feasable to reopen again till we hit a price of 350.00 and then it takes some time to reopen. Supply and demand theory. Man, do i hope he is right.

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