To: Francis R. Biscan Jr. who wrote (43144 ) 10/20/1999 2:30:00 PM From: goldsheet Read Replies (1) | Respond to of 116764
> Below is a list of gold mining companies and their executives who are expected to attend the Denver Gold Group conference convening today at the Westin Hotel in Denver. I sent an email to 24 of the firms who attended to Denver Gold Conference. It is probably not what GATA wanted me to write, but it is how I really feel: From: Bob Johnson <rohnson@prodigy.net> Date sent: Wed, 20 Oct 1999 09:27:00 -0800 The last four years have been very difficult for the gold mining industry, with concerns over low gold prices, central bank sales, and hedging policies. As a participant in the recent Denver Gold Group Conference, I am sure you have received many emails from investors. I know the GATA organization requested their supporters to write or call many firms. Although it is prudent to be aware of the many external factors affecting the gold markets, I would strongly encourage you to continue your commitment to the long-term viability of the gold mining mining industry. A focus on internal operations, appropriate acquisitions, cost reductions, etc.. is the best use of your resources. Currently, there is a great deal of concern over hedging. I feel it is a legitimate financial tool, but it is up to each firm to decide if and how to use it. I am confident you have many competent employees, who will use their best judgement to make the best decisions for your firm. Thank you for your time. Best wishes for improved gold prices, earnings, cash flow, etc....... Best Regards, Bob Johnson -------------------------------------------------------------- GOLDSHEET Mining Directory goldsheet.simplenet.com Thousands of mining related links, with over 900 company pages --------------------------------------------------------------