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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (47039)	1/13/2000 5:46:00 PM
From: Ken Benes	Read Replies (1) \| Respond to of 116764

A little tidbit about gold mining shares and gold. How long will it be before the mining companies begin hedging forward selling with gold leased from the central banks. I believe that a coordinated leasing program with the miners full participation will be evident within six months. The mining shares are currently in the toilet and the management of these companies having felt the wrath of the shareholders last fall are a little gun shy at the moment. However, once they realize, that the investors are not going to return, and that the price of gold is not going up, they will participate in the leasing program. They never much cared about the shareholders and the selling price of their stock while important was incidental to their other pursuits, digging and being wined and dined by the bankers. As time passes, they are going to realize that the people they care least about are gone for good, and paying for ones own dinner sucks, bring on the bankers. Watch, within six months. Ken

To: Ahda who wrote (47039)	6/29/2001 3:52:55 PM
From: long-gone	Respond to of 116764

Friday June 29, 3:32 pm Eastern Time World Bank readies $1.4 billion for Argentina-Marx WASHINGTON, June 29 (Reuters) - The World Bank is preparing three loans totaling $1.43 billion for Argentina that will be up for approval in the next month or two, Argentine Finance Secretary Daniel Marx said on Friday. The loans are part of the $2.5 billion the Bank committed to a $40 billion rescue package put together by the International Monetary Fund in December. Marx, briefing reporters at the World Bank, said a $330 million loan for the Province of Santa Fe will go to the Bank's board of directors for approval July 19. That day the board will consider the country assistance strategy for Argentina, which will spell out details of more loans to be disbursed in this year and next. The biggest of the three loans, which should be ready ``a few weeks later,'' is a $900 million loan to be paid to the Argentine Treasury in three tranches, the first immediately on approval, Marx said. That loan will fund programs that have yet to be determined, a World Bank spokesman said. Marx said a World Bank mission will visit Argentina in a few days to prepare a third loan aimed at generating employment that will total around $200 million, with disbursement starting this year. After he spoke with reporters, Marx met with IMF Managing Director Horst Koehler. He was due to meet with the U.S. Treasury Department's top international official, John Taylor, later on Friday before flying back to Buenos Aires. biz.yahoo.com