Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: Gary S. who wrote (2523)	8/19/1999 8:17:00 PM
From: jocko	Respond to of 2635

Hi Gary..... I will post a short reply on Sh & then "liberate" it to SI: I can understand your frustration..... however emotion is not a tool of cognizance. As to wondering about "bad drill results"..... Have they EVER had bad drill results And if anyone is wondering if I am tempted to sell out at these prices..... I don't need the loss but it's comforting to know I can use MIQ as an insurance policy..... No matter whether it goes UP or DOWN Have a nice day

To: Gary S. who wrote (2523)	8/19/1999 8:25:00 PM
From: jocko	Read Replies (1) \| Respond to of 2635

Hi Gary..... This might answer some of your questions..... regarding the Mining Share Market: Le Metropole members and GATA Supporters, It is time to step up the "Heat on Hannibal." "Lechter" himself was out urging producers to sell today, alerting them that the "hedge funds" were going massively short. This will be interesting as we reported to you this morning that the hedge funds were buying up the senior gold shares which is one of the reasons the XAU closed higher today, while gold closed lower. Why are the hedge funds so excited about selling gold with oil at $22, the dollar diving, bond yields headed higher, U.S. employment numbers at 25 year highs, the CRB Index about to make new highs off a massive base, and record setting gold demand in play? Makes no sense. This is what does make sense. We are going on an all out campaign to alert the media that something is very wrong with the gold market and to urge them to write articles on what GATA has to say. Positive press will attract speculators to take the "Hannibal crowd" on. With your help that could be right around the corner. A little over two months ago, I spoke at the New York Mining and Investment Conference in New York in behalf of GATA. While there I had lunch with Peter Mackay of the Wall Street Journal, Janet Whitman of Dow Jones, Christine Denver of Bridge News, Alden Bentley of Reuters, and Claudia Carpenter of Bloomberg. They could not have been nicer. Janet Whitman did the story on the gold leasing market today. I have had recent conversations with her on the subject. Then The Wall Street Journal did a rewrite of her story and cuts my quotes out. In a way, I was written out of my own story. So I called up Peter Mackay who does much of the gold commentary for the Wall Street Journal and asked him, "what gives?" He explained what happened and then went on to tell me "the mining companies have been telling us about GATA and we are thinking of doing a story." In addition, I received this email today from a very highly regarded Financial Times journalist (he was sent the document delivered to Phil Gramm, Chairman of the Senate Banking Committee, etc): Dear Bill, Many thanks for your e-mail and for the very interesting attachments. I have been conscious that all the usual suspects are at play in the gold market and found your explanations thought provoking. I shall dig around a little. I can't guarantee that I will get anywhere, but if I do see an opportunity to take the story further I will certainly contact you. With best regards, In addition, two outstanding South African business journalists, Jonathon Rosenthal and David Gleason, are interested in doing stories on what GATA has to say about the gold market. The stories will fly on GATA if gold producers and gold companies offer up what they know that is not right with the gold market. They do not have to go along with all of GATA's contentions. Each may know just one tidbit. We want them to contact these journalists or let it be known that they would speak to a journalist on the subject. It could be "on" or "off" the record. The Gold Anti Trust Action Committee is letting the major gold producers know of our game plan (except Barrick). GATA would like you to contact the gold companies that you are familiar with and urge them to help us which, in turn, will help themselves and their shareholders. The gold company can be large or small- as long as they want to contribute what they "know" or believe is "wrong" in the gold market. For example: Chris Thompson, Chairman of Gold Fields, made a public statement that the bullion dealers were spreading false stories about his company's hedging activities in order to talk down the gold market. If you can get the gold companies attention and they have an interest in speaking to the journalists, please have them get in touch with me for the right press contact information. The gold market is being held down while gold demand goes through the roof. It is obvious that the gold market is being manipulated. If the gold companies will cooperate, the press is ready to write. Let us get the job done. Please do not contact the journalists unless you have something pertinent to tell them as that would be counterproductive. It is clarion call time. "Carp diem" All the best, Bill Murphy Le Patron and Chairman, Gold Anti-Trust Action Committee www.gata.org