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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ -- Ignore unavailable to you. Want to Upgrade?


To: Mark Bartlett who wrote (650)7/19/1999 9:12:00 AM
From: TrueScouse  Read Replies (1) | Respond to of 1285
 
Mark:

Welcome back! Sounds as though you had lots of fun -- grizzlies and all. I prefer sitting on the deck with a cold one myself <g>.

Well we've been very patient with Cadre -- almost as long as MAN! Hopefully we'll get a PR soon and it will begin to move.

Cheers,
Howy



To: Mark Bartlett who wrote (650)7/19/1999 6:45:00 PM
From: O. H. Rundell  Read Replies (3) | Respond to of 1285
 
OFF TOPIC

Hi, Mark. Glad to have you back. (We could use some help with Liz over on MAN.T). And hello the the other old and not-so-old S10ers: Bob, Howie, and the irrepressible WAYNE, and of course CC to keep Wayne in check (more or less).

Nothing from Jody for a long time; although, I still send him messages off and on. Two bits says Michael is still lurking somewhere....(on SI that is).

Here's a flash from the underground : Doll's with child (again)!

Best to all,
O. H.



To: Mark Bartlett who wrote (650)7/19/1999 7:22:00 PM
From: Bob Jagow  Read Replies (1) | Respond to of 1285
 
Any of the Cndn golds holding up, Mark?

Still all doom in the press - 'weak gold will speed up the South African leg [of the shakeout]'

Bob
------
New York precious metals closed mostly lower Monday, with gold shrugging off losses in the dollar and edging lower with shorts standing pat amid bearish sentiment.

The dollar took a hit against both the euro and the yen amid
rumors of intervention on the part of the Fed, Bundesbank and European Central Bank. Gold, which has in the past been considered a safe haven investment tool, failed to benefit.

"In order for a rally to occur something has to trigger it," said Tim Evans, an analyst with Pegasus Econometric Group. "We can't guess at when a bullish fundamental shock might occur, so there's no point in buying in anticipation of a news development.

Meanwhile, South Africa's Harmony Gold chief executive officer Bernard Swanepoel predicted a shakeout of the gold industry. "I've got no doubt that it (the weak gold price) will speed up the South African leg and the international producers have no place to hide any more," he said.

At these prices, 45 percent of the world's gold output is
unprofitable and Swanepoel predicted "some (companies) may be forced to throw in the towel."