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Gold/Mining/Energy : Gold Price Monitor

GDXJ 105.33

+5.2%

Nov 26 4:00 PM EST

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To: Hawkmoon who wrote (26753)	1/22/1999 11:24:00 AM
From: donald martin	Read Replies (2) of 116770

<<What if Bre-X or Golden Eagle (MINE) actually had discovered HUGE gold finds?>> Interesting to see this, i JUST asked Claude Cormier about the existing stock of gold out of the ground versus annual production. (about 4.1 billion ounces above ground, about 80 million ounces a year coming out). Since gold prices didn't do much of anything after Mike de Guzman did the floppy fish out of the chopper, I'd say no producer or group of producers, is really in much of a position to affect market prices.

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