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

To: goldsheet who wrote (48817)	2/11/2000 2:16:00 AM
From: John Paquet	Read Replies (1) \| Respond to of 116764

Warning!! HOT Warning!!! HOT Warning! HOT!!!! I am bullish for gold for the following fundamental and technical aspects: Technical Gold will test this $323 temporary resistance, I strongly believe gold will break this wall within hours. When that wall $323 broken, gold will strampede like hell within days, gold will be $340. That $323 BTW April contracts, is within $3.00 When that stampede takes place a big rally, the measurement of the objective is computed as follows : It looks like a huge Head and Shoulder reversal pattern, $323 -253 =$70.00 Next MOJ is computed as $323 + $70 =$393 in that 1996 era. Now As we know gold go hand in hand with CRB index, today CRB confirmed its uptrend decisively. CRB is also formatting that huge beautiful and GORGEOUs Head and Shoulder Reversal Pattern, Indicating CRB will targetting that 240, again 1996 era, too. Moj of CRB is computed by 210 - 180 =30 next target of CRB will be 210 + 30 = 240. There is no doubt, history repeats by itself. Now funadamental, gold gained Support as CB cut sales and landing stuff, now Gold major stop hedgeing or reduced, and now CRB, inflation indicator is on the threat, so golsd will be $393 within 6 months or so. Also, another good indicator is that DOW index, Dow closed today at year y2k lowest, indicating inflation threat is here and it is huge. Watch that Gold breakout that $323, then that $393 is confirmed. I have been buying JUNE $360 gold CALL contracts, lots lots of them. When gold breaks that $323, I shall jump the "GUN" and double my June contracts CALL. Go figure. John Paquet

To: goldsheet who wrote (48817)	2/11/2000 3:06:00 AM
From: baystock	Read Replies (1) \| Respond to of 116764

You are quite right. I also first heard about them at the 1995 San Francisco gold show. At that time I was favorable impressed by the story as Frank Lang told it to me. Unlike most exploration companies they had a property where there was known to be gold. I was kicking myself for not buying it when I saw it go from $1 to $7. I think it got some help from another Lang company Valerie resources which went from around $3 to $28 around the same time. I got to hear their story again at the 1999 SF gold show. It is essential unchanged except they are now talking about some small high grade zones that they can mine very profitable initially to kick start things.

To: goldsheet who wrote (48817)	2/11/2000 9:31:00 AM
From: lorne	Read Replies (1) \| Respond to of 116764

Hello Bob. Do you know if the low production costs per./oz. for gold for Companies like Barrick has anything to do with leased gold, forward selling etc. and I guess low labour costs in countries like Africa, or Indonesia. Thanks Lorne PS. I mentioned Barrick only because of their low costs.

To: goldsheet who wrote (48817)	2/11/2000 9:42:00 AM
From: long-gone	Read Replies (1) \| Respond to of 116764

lower future production?: Friday February 11, 5:01 am Eastern Time Newmont postpones Uzbek gold project By Shamil Baigin ZARAVSHAN, Uzbekistan, Feb 11 (Reuters) - Newmont Mining Corp has postponed one of its gold projects in Uzbekistan because world prices are not high enough, company chairman Ronald Cambre said on Thursday. Newmont, of the United States, signed a joint venture deal in 1996 with Uzbekistan and Japan's Mitsui creating the Angren Gold Co to work the Kochbulak and Kyzylmasai fields in the Kyzylkum desert, but the venture has not progressed beyond that. biz.yahoo.com