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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM -- Ignore unavailable to you. Want to Upgrade?


To: Vince Moretto who wrote (194)3/10/2001 1:51:56 PM
From: Robert J Mullenbach  Respond to of 811
 
There is no doubt buying that is reaching up to get stock.

The reason is not known yet, but I will bet, with a property like Mineral Ridge,

and a higher Gold price, this stock will not stay below .15

XXXXXXXXXXXXXXXXXXXXX

I could go on and on. But, the purpose of going here
is that Frank Veneroso believes gold must go well
north of $600 per ounce to clear the market and has
said so for years. When he first proclaimed this, he
did not know the gold market was rigged.

His supply/demand numbers and sleuth work lead Frank
to believe the gold loans are around 15,000
tonnes or 3 times the accepted number by the gold
industry.

That is STUNNING!

Frank will lay out the documentation for his numbers
to African ministers, gold producer executives, etc,
at the GATA AFRICA Gold Summit in Durban, South
Africa on May 10.

The gold world was shocked this week as one month
gold lease rates shot up to 7%. Few were prepared
for this development and few understand it.

That is because few are willing to admit that the
gold market has been subject to one of the most
fraudulent market manipulations in history. Few are
willing to even admit the existence of the Gold
Anti-Trust Action Committee that has presented this
detailed information to the Bush Administration and
to all of South Africa.

When taking on American big money interests,
the notion that we have a free press in the U.S. is a
myth as it pertains to the mainstream press. That is why
there has been little, or no, coverage of GATA.

If you are unable, or unwilling, to understand that the
gold price has been held down at an artificially low price
for years, then you do not know the gold market.

If you don't realize that the gold loans are far larger
than the gold industry will admit to, then you can't
appreciate why the short term lease rate is doing what
it is doing now.

And most importantly, if you don't do your homework
on these basic facts, then it will be very hard to
comprehend why the price of gold is going north of
$600 per ounce and will probably do so in surprisingly
easy fashion.

Frank Veneroso will be right on gold too, once it
is unshackled and allowed to trade freely again.

Like early tremors of an earthquake, that is exactly
what we are seeing in gold at the moment.

A once in a lifetime investment opportunity is at hand.

Don't miss it. If you have not done so yet, take the
time to understand what is going to happen and why.

You will never regret it!



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

All the best,

Bill Murphy
Le Patron
www.LeMetropoleCafe.com



To: Vince Moretto who wrote (194)3/14/2001 8:12:09 AM
From: Robert J Mullenbach  Read Replies (1) | Respond to of 811
 
Maybe this is why there is buying in this stock. NEWS out Today.

biz.yahoo.com

Golden Phoenix Minerals Announces Approval of Revised Reclamation Plan
at Mineral Ridge Gold Mine in Nevada

RENO, Nev., March 14 /PRNewswire/ -- Golden Phoenix Minerals, Inc. (OTC Bulletin Board: GPXM - news) announced today
that its Mineral Ridge Revised Reclamation Plan and Permit has been approved by the U.S. Bureau of Land Management and the
Nevada Division of Environmental Protection.

Golden Phoenix has also requested transfer to it of all other key permits, including the Water Pollution Control Permit, the Storm
Water General Permit, the Industrial Artificial Pond Permit and the Air Quality Permit.

``The approval of these permits removes the uncertainty in scheduling the start up of mining at the Mineral Ridge Mine. The next
key step is to post the required bond for the Reclamation Plan and Permit, which will be completed in the near future,'' said
Michael Fitzsimonds, Golden Phoenix President.

The Mineral Ridge gold mine, located in Esmeralda County, has a mineable reserve of 2,658,000 tons averaging 0.079 ounces gold
per ton for a total of 209,200 ounces. Mining operations are scheduled to begin early to mid second quarter, subject to posting of
the reclamation bond, completion of the financing agreements, and finalizing an acceptable mining contract.