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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?

To: Surething who wrote (2172)	1/8/1998 11:27:00 PM
From: JD	Read Replies (1) \| Respond to of 4718

Good news for a change. Picked this up on another Gold Price Monitor thread (reply 5446). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ BANGKOK, Jan 8 (Reuters) - Thailand is hunting for gold to boost sagging reserves hit by the baht's free fall, officials and trade sources said on Thursday. The Thai government is launching a campaign to urge gold shops and the public to swap their stores of the precious metal for bonds. Thousands of gold shops throughout the country have agreed to contribute one kilogram (32.2 troy ounces) of gold each to the government, a finance ministry official said. ''The government intends to issue bonds of either three-year or five-year maturity which are likely to carry an annual interest rate of five percent in exchange for the gold,'' the official told Reuters. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~' ST - you make a very good point re military stability post Soharto. Hopefully if he does go quietly into the night he will make all the necessary arrangements to ensure he selects his own successor. I have also been getting the feeling surfing on various threads that COW's are on the horizon soon. Really, really, really hope ANZ is near the top of that list. One good sign is that I believe the Indo contingent that came to Canada in August to promote mining there actually sought out ANZ people for positive 'discussions'. If any co. has paid its dues it is this one! Hope things turn around soon.... all those appendages I have crossed are starting to cramp up :-) JD