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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Exsrch who wrote (37063)	7/12/1999 11:12:00 PM
From: d:oug	Respond to of 116786

anyone: has this been discussed on the ABX thread ? Does it strike you that one major gold producer is conspicuously missing from this group? Chairman and chief executives at Canada's Placer Dome , U.S. Miners Newmont Gold and Homestake Mining , South Africans Anglogold and Gold Fields and Ghana's Ashanti Goldfields , sought Blair's response to rumours that reserve sales were to bale out firms running short positions in gold.

To: Exsrch who wrote (37063)	7/12/1999 11:23:00 PM
From: Winzer	Read Replies (2) \| Respond to of 116786

<<An additional 12 million ounces (NEM's three years of production) could possibly be sold forward by ABX.>> Who would buy $US400 gold when they can get it from the CB's at $US256? Or that is not how this works? Or stated alternatively, who buys this gold that is sold foward? Winzer