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To: Ken Benes who wrote (47200)1/17/2000 6:03:00 PM
From: Enigma  Read Replies (1) | Respond to of 116795
 
From you answers so far - it appears that the only thing you have a fair understanding of is contango - you have no concept of the business whatsoever. If you're carried away by your mastery of 'basis points', 'spreads' and all the rest of it - well it shows that at least you can walk! You don't respond to Hutch's specific questions. So you hide behind the usual rhetoric - let's see - 'shareholder revolt, funds selling, using the MM Fund as collateral to buy equities, Barrick's hedging depressing the gold market, Barrick's shares doing worse than its main competitors (we'll grant you NEM - but only over one year)'

How did a little squirt like you puff himself up so far to write such a patronising load of drivel?



To: Ken Benes who wrote (47200)1/19/2000 10:54:00 AM
From: long-gone  Respond to of 116795
 
S.Africa gold sector weighs Kebble fallout
By Darren Schuettler

JOHANNESBURG, Jan 18 (Reuters) - South Africa's gold mining industry weighed the damage to its investment reputation on Tuesday as investigators probed a share-buying scandal that felled a young mining magnate.

The shock weekend resignation of Brett Kebble amid revelations of alleged manipulation of shares in a takeover battle has rippled through an industry eager to lure foreign cash and higher stock ratings. ''Unfortunately, the loser in this is the gold industry.
(cont)
biz.yahoo.com