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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Amark$p who wrote (55269)	1/14/2008 2:54:32 AM
From: Amark$p	Respond to of 78418

ok, googled and found the Shanghai Exchange shfe.com.cn au0806 220.10 2.00 27714 60776 13326971320 220.10/220.12 217.79 218.85 217.60 220.25 10 ?Tick? au0807 220.32 2.29 2702 2040 447724220 220.32/220.47 218.36 219.00 217.63 220.47 6 ?Tick? au0808 220.90 2.02 2724 338 74365980 220.52/220.90 219.01 219.20 218.71 220.98 2 ?Tick? au0809 221.50 1.71 238 74 16263960 220.55/221.69 219.86 211.00 211.00 221.90 2 ?Tick? au0810 222.28 1.38 186 6 1326160 221.00/222.30 220.32 220.10 220.10 222.28 2 ?Tick? au0811 224.55 4.45 188 30 6625400 221.80/225.88 221.34 211.34 211.34 224.55 10 ?Tick? au0812 223.69 2.69 816 178 39640140 223.30/223.77 221.78 221.10 221.10 223.80 2 ?Tick? Looks like they are trading June through Dec 2008 contracts which coincides with this article "After debuting on Shanghai Futures Exchange Wednesday, six of the seven gold futures contracts soon hit limit-up. Trading volume was 121,468 lots and turnover totaled CNY 27.35 billion on the first day of trading. Total open interests in the precious metal futures were 21,810 lots as at the closing. One lot is equivalent to 1,000 grams. " So we have gone from 21,810 open interest lots on opening day on 1/9/08 to 34,568 open interest on 1/11/08 for the June - Dec 2008 contracts. Each contract = 1,000 grams so converting to troy ounces = 1,111,387 troy ounces Note, individual investors are barred from taking physical delivery: "Individual investors will be barred from entering into physical delivery, as the SHFE aims to provide a gold futures trading platform in China that will reflect prices and better serve investors as a way to mitigate risk through hedging," the official said. "Individuals wishing to buy gold should seek out banks or the spot gold exchange, rather than the SHFE."