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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 (27922)2/9/1999 8:22:00 AM
From: Enigma  Read Replies (1) of 116753
 
John - whatever is said I think this resignation is related to the ARP bid - my guess is that he was 'for' and a balance of key players were against - otherwise the bid would have been extended - just a guess. but the timing is extraordinary on a day when strong results are released and the ARP bid expires and before the company is due to meet with analists.

Edit - another possibility -he was responsible for the 'low bid' strategy which may be seen now as a failure. dd
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