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Gold/Mining/Energy : Mongolia Gold Resources

MGR 21.45

+0.3%

Dec 24 12:45 PM EST

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To: d:oug who wrote (3550)	5/23/1999 2:48:00 AM
From: d:oug	Read Replies (1) of 4066

I need help. What is a gold loan overhang ? To: Ram Rao From: Bob Dobbs Saturday, May 22 1999 It's extraordinary that Solomon Smith Barney has acknowledged a 10,000 ton gold loan overhang. How many mainstream services have stated that? To: Bob Dobbs From: Ram Rao Sunday, May 23 1999 Yes we've seen things like this coming from the gold bug fringe elements but this is one of the few mainstream reports I've seen. I think people have sensed the desperation that was behind the BOE's blatant move to hold the gold price down and maybe are starting to smell blood. It looks like an authentic piece from a Solomon analyst, but maybe someone who is one of their clients can confirm.

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