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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: EtTuBrute who wrote (1250)	2/28/1998 9:42:00 PM
From: EtTuBrute	Respond to of 25548

Interesting gold reading: FINANCIAL NEWS (G&M Summary 2-28-98) globeandmail.ca Mulroney trying to sell banks on gold Former prime minister Brian Mulroney and former Bank of Canada governor John Crow are lobbying for the world's biggest gold producers in a campaign to stop central banks from dumping their gold holdings. Using Mr. Mulroney's political connections and Mr. Crow's entree into the exclusive club of central bankers, the two promoted the gold producers' views in private meetings this month with German Bundesbank president Hans Tietmeyer and Bank of France governor Jean-Claude Trichet. A spokesman for Toronto-based Barrick Gold Corp. confirmed that the two men are working on behalf of the company and other members of the London-based World Gold Council, which is in the midst of a $3-million (U.S.) lobbying campaign. The council represents the world's major gold companies. The unprecedented campaign is taking place against the background of a major slump in the price of gold to just under $300 an ounce from a high in recent years of $417 in February of 1996.