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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (840)5/25/2000 9:00:00 AM
From: Bruce Robbins  Read Replies (1) | Respond to of 1907
 
The fact that Goldfields is in acquisition mode bodes well for the price of gold. Perhaps Goldfields is using F. Veneroso's numbers on supply/demand (instead of their own) now and is seeing sunny days for gold in the near future. The situation in Southern Africa is a mess, and I imagine most of the SAf miners are in acquisition mode now (e.g. Anglo with PFN Sudbury). It would be nice to see one of them pick up FGX and BAY. Claude would be very happy. I think he is trying to corner the stock on BAY and FGX <g>. I'm sure if he had more money, he would have bought the entire float in both!

Bruce