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

To: d:oug who wrote (52895)	5/18/2000 12:36:00 AM
From: d:oug	Read Replies (3) \| Respond to of 116752

If anti-Barrick is Coca-Cola, lets do an unCola 7UP and support an un-Barrick. This thread is to monitor the price of gold, with some pro-GATA folks and non-hedging folks becoming active in that which does influence the price of gold, no matter how slight, then let this thread continue not only as a monitor but also become part of the action that is being monitored by the folks on this thread. Let it be made very clear, just as those who say dump Barrick ABX, it is not done to profit from a short'ing of Barrick stock, just as those who argue against the notion that hedging by Barrick is bad, that they do so only to reap an investment reward from pumping up ABX. Ofcourse if someone holds ABX and see the anti-ABX posts hurting their investment, then they can respond in defence to protect they investment, which is not aPumping. Common Sense here, hopefully. So in this tone I say lets dump the anti Barrick posts as the message was delivered and now it just a din or record caught in the same two grooves. If the purpose was to hurt Barrick, and the hedging factor was only an excuse, then it should be stopped anyway. I'm sure that was not the reason, but that pro gold, gold bugs and pro GATA folks see selling paper gold as adding to the supply & demand equation keeping the price down unfairly. So what can be done different now to help the price of gold raise in value without bashing gold mine companies that over or incorrectly or hidden agenda hedge their gold ? The opposite I hope, as in identify gold mine companies that are the opposite of Barrick, especially those that are pro GATA. Now I know from experience here on this thread that most all here are over careful to the point of being timid, except when it comes to arguments with certain others, which in the end serves no one except raising the noice level and irratation to others. I ofcourse is part of that and I do not mind as I think it adds color and interest and learning in others areas beside what to me is uninteresting and boring, this mining and gold price and commerce and economy stuff. Also, anti a specific company is somewhat safe to do just so that you are not knowned as a short'er type trader. But to pro a company is very close to spam and hype and not only not allowed on this thread, but dishonest and not liked by others. So based on that I expect no one will reply to this post, and also no one will join me in the identification of pro GATA type companies to present as role models. The following gold mine company was praised by GATA in my last post, where Bill Murphy spoke highly of it. At present I hold no shares in this company, but I will place an order later if it's traded on my broker's web site. I will do so to show my support to its stand of pro GATA and hope that if the GATA War I is won, then this company will win. Most important is that this company already mentioned by Bill Murphy the Chairman of Gold Anti Trust Action of gata.org (GATA) non profit has as its objective to move positive in share value if the price of gold moves positive. Also, it will not sell out to become a bubble dot com like others. In that line of thought I present info to show it's aGATA. Trading Symbol: SXG-V March 27, 2000 CORPORATE UPDATE This News Release is intended..... ...the bear market in precious metals and the mining sector has been deeper, longer and more severe than most expected. Over the past year many of our competitors, struggling to continue exploration programs, have opted to embrace the dot.com phenomenon by using their corporate structures as shells for technology and Internet related companies to become publicly traded entities. This shift in investment sentiment has had a two pronged effect on the Company. On the negative side, it has made financing capital more difficult to secure while, on the positive side, it has given rise to greater opportunities for success due to the abundance of quality (even advanced) under-valued properties now available for acquisition with substantially reduced terms. SAMEX management evaluated this situation last fall and decided that the best way to capitalize on these realities was to aggressively increase our exploration and acquisition activities within the mineral-rich Cordillera of Bolivia, Chile and Argentina..... With a diversity of projects, SAMEX is well positioned to benefit from up-trends in the precious and base metal markets and renewed investor interest..... Jeffrey P. Dahl Vice Chairman This News Release includes certain "forward looking.....