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


To: bill718 who wrote (2342)1/23/1998 3:43:00 PM
From: Lamont  Read Replies (1) | Respond to of 4718
 
Hi Wayne.

I will not hold my breath for next week although a rise in price would be nice.
The spot gold price closed above $300 today. If it holds, it will have a
positive impact on the price as well.

Most Recent Spot Prices - January 23, 1998 New York Time
Markets are closed, will open in 49 hours 30 minutes.
Time Bid Change Low High
Gold 14:38 300.05 +9.45 290.70 300.55
Silver 14:34 5.94 +0.19 5.78 5.99

With the ratio of gold and silver changing, the gold equivalent will decrease.
This will result in the next set of results to appear worse than they really are.
I hope investors are looking at the ounces of both gold and silver and not getting
caught up in the gold equivalent amount indicated.