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Gold/Mining/Energy : Latitude Minerals LTU.V

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To: Joel W. Grothendick who wrote (259)	3/8/1999 10:50:00 PM
From: William Puget	Read Replies (1) of 366

Spot gold closed at $291.55 today and the April contracts closed at $292.70. A close above $292.60 was an important technical landmark for gold. Can it hold above this point? Time will tell. On the short term, who knows, but in the future - definitely. The result will be great prosperity for Latitude shareholders. Continued strength in trading shows the stock is moving into stronger hands. A new base of support has been established here. With important meetings this week and the Prospectors and Developers Conference next week this move in the price of gold can only benefit LTU. WP

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