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

To: IngotWeTrust who wrote (92623)	1/13/2003 9:02:06 AM
From: IngotWeTrust	Respond to of 116790

1/13/03 Notable and Quotable: The Chinese central bank has registered an increase in its reported gold reserves. At end-2002, reported reserves were 19.29M ounce (600t), 3.21M ounces or 100t higher than the 500t reported at the end of the third quarter. The Swiss National Bank's latest sight deposit report suggests that in the reporting period to January 10th, the Bank sold 8.3t of gold under its disposal programme. Cumulative sales under the programme, which fall within the auspices of the Central Bank Gold Agreement, now amount to approximately 681.8t. The total programme, which runs through the next two years, is 1,300t. The figure suggests that in calendar 2002, the bank sold 283t. gold.org

To: IngotWeTrust who wrote (92623)	1/17/2003 7:43:52 AM
From: lorne	Respond to of 116790

Feds seek to oust gold miner Forest Service says 40-year resident of historic town trespassing January 16, 2003 By Sarah Foster It may be a close call, but help is on the way for a beleaguered, small-scale gold miner that the U.S. Forest Service wants to oust from an abandoned mining town that's been his home nearly 40 years. " A 1988 article in the International California Mining Journal estimates there's a bonanza of $20 million in fine gold in the 1,920 acres that make up his mining claim, but he limits his operation to a swimming pool-size pit behind the store, which he works with a pickaxe and shovel, hauling the ore by wheelbarrow or with the help of a burro named "Dusty." Last summer, Walley traveled to Jicarilla to meet the long-time resident gold miner and see his place first hand. He keeps his efforts "small by design and philosophy," wrote Walley in an Aug. 18 report for newssite Sierra Times. "I keep it that way because I don't want to disturb the land more than I have to; I just take enough gold to get by," Fennell told Walley. "I don't use any chemicals and darn little water." As there is no natural supply of water at his home, what water he uses he draws from a well down the road, hauling it back in an aging pickup truck. A generator supplies electricity for lights and a computer. He has a few chickens running about that he keeps for eggs, and a goat for milk. " Full article >>> worldnetdaily.com