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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.48

+0.5%

Dec 26 3:59 PM EST

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To: d:oug who wrote (3515)	5/14/1999 11:32:00 PM
From: Phil Jones	Read Replies (1) of 4066

Doug, I understand that you're trying to be optimistic on the POG. We all would like to be. But what's the evidence? Last time I checked it a few hours ago, it was US$275, near its 15-year low. If it seemed that GATA was going to shortly bring out big news on a gold cartel and its efforts to hold the POG down, surely the powers that set the POG would be paying some attention -- and it would be starting to move up. Instead it just seems to sink. I very much hope you're right about the effect GATA will have, but it's "all in the beef" as the saying goes -- and so far the beef is still roaming the range. Phil

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