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To: Claude Cormier who wrote (36068)6/28/1999 4:31:00 PM
From: Ron Everest  Read Replies (1) | Respond to of 116752
 
Glad you mentioned this, Claude, precisely, it should benefit in the future.

<< it will have the reverse effect at a future date and will eventually be bullish for gold.>>



To: Claude Cormier who wrote (36068)6/28/1999 4:57:00 PM
From: Exsrch  Respond to of 116752
 
Claude,

<<..But I suspect that these 350 tons have been sold over a period of time during the last 36 months...>>

I would have to agree. ABX confirms this indirectly in their annual report. They elude to borrowing and forward selling consistently. They also go on to make clear they have every intention to do so in the future.

And yes I agree with you, this will one of the fuels, that will add to an eventual bull in gold.

Exsrch


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