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

To: Enigma who wrote (49465)	2/22/2000 5:03:00 PM
From: lorne	Read Replies (2) \| Respond to of 116900

Hello Enigma. In response to my opinion " "But in the case of larger producers such as ABX it makes less sense to turn over ownership of the company from the shareholders to bullion banks" You said " It makes no sense - because it is a legal impossibility" " The shareholders own the company - period. If a company goes bankrupt the assets are placed in the hands of a receiver - and the shareholders stand last in line." So who's first in line, the lenders ,the bullion banks, etc. I think the shareholders being last in line was the point I was trying to make. Lorne PS. As to my knowledge of stocks and trading I can say it is very limited as I have said in the past. I come here more to learn from others but on occasion I have an opinion. Lorne