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 : Games Trader -- Ignore unavailable to you. Want to Upgrade?

To: John Paquet who wrote (1161)	9/14/1999 4:03:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 1239

Company Press Release Essex Resource Corporate Update VANCOUVER, BRITISH COLUMBIA--Mr. Ian Rozier, Chairman reports that activities in Bolivia have been put on a care and maintenance basis subject to improved commodity prices. Comibol has granted Essex a one year extension on the El Porvenir property at no cost to the Company. The Company is currently in negotiations to acquire interests in two major oil and gas projects. The Company expects to know the results of these negotiations within 30 days and will make a news release at that time. Mr. Peter Dunfield has resigned as a Director and Officer of the Company. Mr. Paul Ray, a resident of Monte Carlo, has been appointed to the Board of Directors. The Company currently has over $5 million in working capital and is in a strong financial position to enter into new projects. -------------------------------------------------------------------------------- Contact: Essex Resource Corporation Barbara Dunfield (604) 685-6851 Website: www.essexresource.com

To: John Paquet who wrote (1161)	9/14/1999 7:28:00 PM
From: goldsnow	Read Replies (2) \| Respond to of 1239

Oil back down to below that $24.00, oil index down down here you go goldsnow>>>> Other traders also said today's price drop may only be a temporary pause in the rally. ``Longer term, we still have higher to go -- up to $26 a barrel,' said Tom Pena, oil and gas analyst at ED&F Man International in New York. New York oil prices have more than doubled from December's 12-year low of $10.35 a barrel. The rally is mostly due to production cutbacks from the Organization of Petroleum Exporting Countries. No Surprises Oil ministers from Saudi Arabia, Iran and Algeria issued a joint statement from a meeting in Jeddah, Saudi Arabia, yesterday saying that oil production cuts should stay in place until the end of March. The statement followed similar promises from other ministers, indicating that there'll be no surprises in oil policy when OPEC meets next week in Vienna. quote.bloomberg.com

To: John Paquet who wrote (1161)	9/14/1999 7:51:00 PM
From: goldsnow	Respond to of 1239

"This time around the cyclical upturn is following the structural change and that's why we are more confident about the longer-term outlook." So far the stronger yen has not triggered official public concern in the US but that cannot be too far off, according to Mr Mitsuru Saito, chief economist at Sanwa Securities. He said that stronger capital flows into Japan from the US and Europe would put a squeeze on the US and its ability to fund its current account deficit, which is running at more than 3 per cent of GDP. afr.com.au ps. Now let me give you a hint...the most powerful man (men) are not going to reside in USA..<VBG>