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To: Enigma who wrote (47253)	1/18/2000 6:33:00 PM
From: Ken Benes	Read Replies (2) \| Respond to of 116814

There is very little on the VSE exchange that might interest me at the present time. However, your mention of SGF now makes sense as a Vancouver listed stock. I gave you a bit more credit than you deserve by thinking that you might be interested in a Singapore stock listed on the nyse, even though it is a dog. Barrick, vancouver stock exchange, you are indeed a class act. Pennies from heaven, a big score by big Double D on the VSE. Ken

To: Enigma who wrote (47253)	1/18/2000 7:46:00 PM
From: goldsheet	Read Replies (2) \| Respond to of 116814

By the way, VSE and Alberta merged to form the new Canadian Venture Exchange, cdnx.ca

To: Enigma who wrote (47253)	1/19/2000 8:03:00 AM
From: Alex	Read Replies (1) \| Respond to of 116814

IMF sold, bought back 14 mln oz gold -Camdessus LISBON, Jan 19 (Reuters) - IMF Managing Director Michel Camdessus said in a local press interview the fund had revalued some 14 million ounces of gold reserves in a series of complex deals to raise cash for debt relief without unsettling volatile markets. "We decided to make transactions with triple the amount of gold that we had originally thought -- five million ounces -- that is, 14 million ounces," Camdessus told Diario Economico. Camdessus added that a total of 91 countries had taken part in the off-market operations. "With 91 countries, that means there are many poor countries that agreed to participate," he said. "We thus developed a wide-reaching operation in international solidarity." The operations, during which the gold never left IMF vaults, were the Fund's contribution to a series of moves taken last year aimed at speeding up debt reduction for poor countries. "In the IMF, we decided to take an unprecedented step, which was to say: we have gold, so we will use it to finance this reduction," Camdessus said. Camdesus said the revaluation was complete. "Yes, 'Operation Gold' is ready. The 91 countries decided to place the funds at our disposal," he said. A joint meeting last year between the IMF and the World Bank agreed to strealmine the Highly Indebted Poor Countries scheme originally designed in 1996 to cut the debt mountain weighing on 41 impoverished nations, but which critics said gave too little, too late. One of the new measures was to cut the qualification period to three years from six. The 33 impoverished countries so far expected to qualify for HIPC relief have a total debt mountain of some $90 billion at present value. ((--Martin Roberts, Lisbon bureau 35121-3113124, lisbon.newsroom@reuters.com)) imoney.ca