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To: Bearcatbob who wrote (70272)5/24/2001 10:03:40 PM
From: long-gone  Respond to of 116912
 
<<So - it must be a good decision to sell gold - right?>>

The US hasn't sold - from what they tell us.



To: Bearcatbob who wrote (70272)5/24/2001 10:39:08 PM
From: long-gone  Respond to of 116912
 
How terrible shallow & small of me, gold falls 4.40 & this is what concerns the bulk of Denver(Home of many a mining company) to a greater extent:
worldnetdaily.com



To: Bearcatbob who wrote (70272)5/25/2001 7:48:02 AM
From: long-gone  Respond to of 116912
 
Royal Bank of Canada's Nixon Set to Start Buying
Toronto: Gordon Nixon made a career of advising companies
on mergers and acquisitions. Royal Bank of Canada's next chief
executive may soon need some advice himself.
Next month, Canada's Parliament is scheduled to pass a bill
that would make it easier for financial companies to be acquired,
and analysts say Royal Bank will be a buyer. Nixon, who stepped
down last month as head of Royal Bank's investment-banking unit,
on Aug. 1 replaces John Cleghorn as CEO.
Nixon will need to draw on all his expertise if Royal Bank,
Canada's biggest bank, is to emerge a winner in the buying spree
most investors expect will follow. In December 1998, Finance
Minister Paul Martin blocked Royal Bank's surprise C$19.2 billion
($12.4 billion) agreement to buy Bank of Montreal. While the
government may be more amenable to mergers this time, regulators
will scrutinize them to ensure consumers don't get hurt by the
branch closures that make such takeovers alluring.
``With the future consolidation that will happen in the
industry, the leader of the bank has to have pretty good merger
and acquisition skills,'' Cleghorn said after announcing Nixon's
appointment in February.

(c) 2001 Bloomberg L.P. All rights reserved.