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


To: lorne who wrote (48592)2/8/2000 9:07:00 PM
From: IngotWeTrust  Read Replies (2) | Respond to of 116761
 
Well, I'll take a stab, Lorne<g>
A) Nobody thinks African Mining Companies can tell the truth.
B) Nobody thinks Canadian PDG or ABX can tell the truth either.
C) The rally was unrelated to either hedging restriction announcement because there was no discernible way to track whether the African's or the Canuck's were just blowing PR smoke...that is until Anglo CEO stated unashamedly he took delivery...now THERE is a rare utterance...a mining company TAKING delivery.
D) Ashanti is on borrowed time, also Cambior as their standstill agreements are unraveling as are the nerves of those who were long those 3 naked call writes and WANT TO BE PAID BECAUSE THE NASDAQ is going bananas.
E) Ashanti has been class action sued which had NOT occured when Anglo and G/F made their Cover Their Hedge statements
F) The world is just now learning about payment in gold GUARANTEES for Saudi's oil contracts and our 30, 10 yr bond purchases by the Japanese of our swiss cheese 30yr paper
G) The Gold Carry Trade collapse hadn't caught any USA bullion banks tits in the wringer when G/F and Anglo "announced..."

...need me to continue?<g>

O/49r