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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (17297)	8/13/2002 12:10:24 PM
From: Louis V. Lambrecht	Read Replies (2) \| Respond to of 36161

Jim - dunno. There is some legalities preventing fund managers to own "dead assets". CEF is a pure metals play and most of us remember the last capital increase and the +20% premium paid for CEF. Yet another GOX, HUI or XAU? Doubt it. This would not increase demand for gold. Merely add some volatility in miner's stocks. The Council will focus equally on jewellery and investment demand... IMHO, there has to be an action on demand, so, I would expect to be more like a CEF. This could also be gold money (although non-constitutional in the US). Or a creative something in between. Or everything together: metal, certificates, papers, shares,.... Ask James <ggg> Most important to me is that Chris T. has in merely 6 months ordered an audit, got the report, battled with the Council and named a CEO. So, this is fast in my book. <g> Time to look for leveraged gold plays assuming PoG above 350 :-)