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Gold/Mining/Energy : Exall Resources/Glimmer Resources -- Ignore unavailable to you. Want to Upgrade?

To: James N. Wilson who wrote (1119)	1/6/2000 7:01:00 AM
From: Winzer	Respond to of 1319

<At this point I think pistols at sunrise would be the best solution. <g>> Ever heard of arm wrestling down in MS? (LOL) Although EXL seems to be sneaking up with the help of FM and NB(?) yesterday. GATA is still calling for the POG to rally. I would suspect that the nomination of AG for another term means that the manipulkation to make inflation appear to be in check will continue unabated, plus the fact that BC might be thinking that he will take the knowledge of manipulation (if any) with him to his grave should he die in office. Winzer

To: James N. Wilson who wrote (1119)	2/5/2000 8:55:00 AM
From: Winzer	Read Replies (1) \| Respond to of 1319

James, Yet another money losing rally for G/E shareholders? What Placer did do this week was to announce their plan to get out of the hedge business. Once Barrick imitates them, this would put the squeeze of the bullion bankers (look for Goldman Sachs by name) to cover, because the original reason for the "gold is dead as an investment cry" was that the CB's were dishoarding and the producers were hedging. Once the producers have had a chance to see what hedging did to Ashanti and Cambior, I think that they have concluded that they want no part of it. An excellent summary of the whole quagmire is attached. It is a good read. I think that it is positive, and puts it all into perspective (for me anyway). Message 12784210 Winzer