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Gold/Mining/Energy : Gold Price Monitor

GDXJ 124.11

-13.6%

Jan 30 4:00 PM EST

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To: long-gone who wrote (24989)	12/28/1998 1:39:00 PM
From: teevee	Read Replies (5) of 116954

Hi Richard, I see that if it isn't in the public print or press somewhere, it doesn't exist as far as you are concerned. I have seen this data which was generated by a publicly traded senior gold mining company but unpublished as they were hoping to accelerate corporate growth by targeting private production for aquisition.You should know that privately owned and non or unreported gold production outstrips that of reporting public gold mining companies by at least three fold. Many of the largest and richest and longest lived gold mines in the world are privately owned. Oh yes, it is commercial and central banks who buy this production. By the way, the gold council and Goldfields are gold promoters and as such are biased in their selective reporting and editing of purported factual data.

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