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Gold/Mining/Energy : Standard Mining, ( Formerly Quest International ) -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (337)2/18/2000 10:10:00 AM
From: Robert J Mullenbach  Respond to of 462
 
So you want to trade Gold on short side, ?? Read this.

the tide must be turning,

Le Metropole members,

As we have been reporting to you, the
"Hannibal Cannibal" bullion dealer camp is in
utter disarray. Our side received word today,
via a Cafe member, that Gavin Stuart, chief gold
options trader for Dresdner Bank, was just
given the hook.

Previously, the Caf‚ has reported that the chief
gold trader for UBS was fired and that mega bear
gold analyst, Kevin Crisp of J.P Morgan, is now
on permanent vacation. We also have received more
input that there will be further dismissals at
J.P Morgan's bullion operation. J.P Morgan is
co-chair of the Counterparty Risk Management Group.

It is very clear that bullion desks around the
world are feeling HEAT. They will feel much
much more.

The official sector "general" still desperately
trying to hold down the price of gold is losing
his lieutenants all over the place. Hard to fight
a war without soldiers and strategists.

That is not to say they are defeated. Gold was up
$2.50 this morning before the U.S opening at 7:30
to 8, Society Generale, Morgan Guarantee, et all,
came in right on cue to knock the gold price down
going into the U.S opening, in the hope of
attracting more selling.

So far today, their ploy has not worked as gold
is presently trading up $3.20 on the day. According
to John Brimelow, demand for gold in INDIA
continues to surge and the premiums are as high
as he can remember.

Just in. A surprise. Chase Bank, the massive
seller yesterday, has turned around as a massive
buyer today buying everything it can.

Stay tuned!!!!!!!

<A HREF="http://www.LeMetropoleCafe.com/scripts/products.cfm">Le Metropole Cafe</A>

All the best,

Bill Murphy
Le Patron
www.LeMetropoleCafe.com



To: Robert J Mullenbach who wrote (337)2/20/2000 1:59:00 AM
From: Stephen Adnan  Read Replies (1) | Respond to of 462
 
Robert,

I already have a inet portflio and mutual funds, the recent "never to be seen again highs" has turned me to a gold bug. However, I realize that the timing could be 2 months or two years. I am looking to put $1,500 to $2,000/month in a very speculative gold stock; unfortunately, I don't want to trade on the CNDX.

Even though I want safety, I don't want a large cap either.

SMDCF looks like a good play - however, I don't want to be right on GOLD , yet wrong on the company.

Will SMDCF be around for the next gold rush??
What are its chance, INYH, of it going out of business or going to the pink sheets??

Since you indicate that you have been in gold since the 70s, is this a stock you would reccommend to someone looking for a "perpetual option" in gold?

If not what you you rec as a beaten down junior gold? Please be specific as I value your opinion. If you feel I should stay away for Standard mining or any stock tht went thru a reverse say it. Or, it this offers low risk NOW after the reverse and high reward, indicate.

Or should I diversity, - GSR/CBJ/DROOY/DAY?

I want to buy in now and I will sell on the double. If it drops again, I will buy back again and slowly build a position. I have done this before, and believe it or not it works -especially, if you have lots of patience and the stock is in a long long base and trades comsistently between 1/8-1/4, for example, for months.

Please respond in depth. It is imperative that I pic the right stocks.

I think I know what will happen with inflation. Also, I see another INET run coming and am dreaming of further depressed gold prices before the SLOW SLOW uptrend begins.

Thats when I am getting in.

TIA

Stephen