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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (312)	1/5/1998 6:36:00 PM
From: Ron Everest	Respond to of 3558

News Release Post says Victor Flores confident Barrick Gold Corp ABX Shares issued 372,817,172 Jan 2 close $26.85 Monday, January 05, 1998 2:45 PM In the News See Crown Resources Corporation (CRO) In the News The Financial Post reports in its Saturday edition that Victor Flores, a Texas-based gold analyst for Marleau Lemire of Montreal, likes Barrick Gold and Euro-Nevada Mining. Reporter Paul Bagnell says that Mr Flores also names smaller companies like Crown Resources, which closed 1997 at $4.90, Sutton Resources and Greenstone Resources as undervalued gold stocks well worth a look from investors. Mr Flores says that gold's fortunes will turn around when short-sellers begin covering their positions en masse, possibly creating a gold rally that will endure. He says that before that can happen, pessimistic thinking on gold must ease. Many gold watchers are hoping that will happen when the new European Central Bank reveals how much gold it plans to hold as reserves. An announcement is expected sometime in 1998.