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Gold/Mining/Energy : Gold Price Monitor

GDXJ 92.99

+2.9%

Nov 7 4:00 PM EST

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To: John Hunt who wrote (27919)	2/9/1999 7:09:00 AM
From: Bill Murphy	Read Replies (1) of 116753

John, Very interesting. I just spoke with John Brimelow. He tells me Barrick is having a conference call today. Speculative word is that they are going to say or let it be known that they are rolling over their hedges and not lifting them. If so they will have to go on our sell list- big time. This gets complicated, but Barrick and Anglogold are the big guns behind the World Gold Council. They have stifled other members that have wanted to bring up the gold leasing issue, etc. Everywhere we turn, this stinks more and more. Now, their CEO quits for personal reasons. Perhaps, somebody at Barrick does not like what is going on. This would not be the first time that a cabal got together to try and drive the little guy out of business. GATA is going to do its best to take them on. We need all your help. Thanks, Bill

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