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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (1283)	2/4/2000 9:39:00 AM
From: Bucky Katt	Read Replies (1) \| Respond to of 48461

Kinda nice to have the 2 top # gainers this morn, @ 180% & 53%....

To: Kevin Shea who wrote (1283)	2/4/2000 4:53:00 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 48461

Kevin, I think you will find this news interesting>> Surging gold hits 14-week spot and futures high NEW YORK, Feb 4 (Reuters) - Gold futures and bullion prices stormed to their highest levels since late October on Friday, as short covering, rumored producer hedge unwinding and fresh buying fueled panicky rallies past $300 an ounce. COMEX April gold at 1415 EST stood at $314.50, up $25.10, or over seven percent from Thursday's close. It reached its highest since October 21, when gold was retracing from the spike to two-year highs near $340 on October 5. Rumors swirled all morning that a gold mining company had bought back a hedge position. The move got momentum when fund stop-loss buy orders were executed at $292.50/$294 and then above $300, the break of which occured just after noon. ''You're seeing short covering in this market and I think you are also seeing probably funds reversing their short positions and probably going long,'' said George Parrill, a director at ScotiaMocatta. Spot bullion was quoted at $301.80/2.60 an ounce, its priciest since October 25. Bullion's leg up over $300 came just minutes after Canadian miner Placer Dome (Toronto:PDG.TO - news) said it was moving to suspend all gold hedging programs immediatly, based on expectations of improving gold market sentiment. For the April contract, the rise was the biggest in one day since the September 27-28, $285.30-to-$310.90 surge, on the back of the September 26 Washington Agreement by 15 European central banks to cap gold market activities for five years. Now those very same European central banks have a real problem, and that is no one wants their new baby currancy, the euro, (that isn't backed by much, because they somehow managed to sell most of their physical metal) or Puko as it is know in EU countries. They have made their bed, now they must lay in it. Rat buy formula works for oil & metals too...