Since many of you have inquired as to GATA's progress, I thought I would take this quiet time to give you an update.
The GATA Committee is pleased to report that we have now received $42,670 in contributions from shareholders in gold companies around the world. We also want you to know that we are making significant progress towards initiating an investigation into those that we believe have colluded to hold down the price of gold.
All of us would like the process to move more swiftly, but it is important that you know that we are coordinating many facets of this rather imposing effort. It takes time. Henry David Thoreau sums it up best:
"If one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours. He will put some things behind, will pass an invisible boundary: new, universal and more liberal laws will begin to establish themselves around and within him; or the old laws will be expanded, and interpreted in his favor in a more liberal sense, and he will live with the license of a higher order of beings. In proportion as he simplifies his life, the laws of the universe will appear less complex, and solitude will not be solitude, nor poverty poverty, nor weakness weakness.
If you have built castles in the air, your work need not be lost; that is where they should be. NOW PUT THE FOUNDATIONS UNDER THEM."
That is what The GATA Committee is doing- building a foundation that will support the necessary effort required to take on such formidable adversaries. Even so, we expect that we will be able to announce to you very soon that we have retained Berger & Montague ( one of the premier anti-trust law firms in the United States )and that our official investigation has commenced.
Part of that foundation is being laid by Boudewijn Wegerif of Stockholm, Sweden. BW, as I call him, has really created a stir with his: egroups.com and his go_gata@hotmail.com emails.
We want to make sure all Cafe members are aware of his efforts on all our behalfs and take a look at what he is doing. There are many postings at his forum by very well informed indivduals from all over the world. BW will be instrumental in carrying GATA's message to a very large audience.
Have a Happy Easter BW and thanks.
You might like to know all of our efforts are starting to kick in. I was told today that Bema Gold has received many emails urging them to support GATA and it has made quite an impression on the top executives at Vancouver based Bema. Iamgold told Le Metropole's John Brimelow ( unsolicited )that GATA was creating quite a stir in Toronto and that we are both being noticed and taken very seriously.
Part of the foundation I was referring to was the orchestrate of a plan to contact all the gold companies by shareholders ( a la Bema ) via a PR campaign.
Many of you have ordered the fine art limited edition GATA print created by Absolut Vodka artist, Alain Despert. This brilliant image of the GATA spirit can be viewed at gata.org for those of you that have not seen it. This limited addition, signed and numbered by the artist, will be shipped out to GATA contributors on April 12 that have sent us $500 plus the cost of shipping ($25 US and Canada and $50 overseas ).
All the best,
Bill Murphy GATA Chairman
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