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Gold/Mining/Energy : William Resources - WIM-TSE -- Ignore unavailable to you. Want to Upgrade?

To: Brad Humphrey who wrote (961)	3/12/1998 1:32:00 AM
From: Tico	Read Replies (1) \| Respond to of 1326

The near future of Gold prices to be decided shortly! For those of you unaware, the European Central Bank (ECB) will be announcing their intended reserves of gold in early May '98. There is much anticipation for this announcement as it will certainly influence what the price of gold will be for the remainder of '98. Early indications all seem very positive. It is widely accepted that there will be "some" reserves held, how much is unknown. Anything over 7% is expected to be a good sign for gold. The World Gold Council has initiated a $3 million dollar lobbying campaign to try and stimulate the price of gold. Their primary goal is to discourage European central banks from selling their gold. The demand for gold hit record highs in '97, and is expected to grow for '98. Supply was not significantly greater for '97 and is expected to fall in '98. So why the low gold price? The major reason is the number of shorts on gold. Consider the amount of people that will scramble to cover their shorts combined with the renewed belief in gold if the ECB makes a positive announcement in May! We all know WIM is strongly correlated with gold. May may be the turnaround month for our company. Remember, William has some discontinued operations waiting for the price of gold to stabilize above roughly $320.

To: Brad Humphrey who wrote (961)	3/22/1998 12:40:00 PM
From: G	Read Replies (1) \| Respond to of 1326

its only a matter of time, for wim to bury wim in its grave. lets close the chapter on this saga. Pegasus, ECO, RYO, and then WIM. Can u say CHAPTER 11!!!!!!1 And can u say no more job!!!!! PS tell our good friend REG to go F--K himself!!!! hes a lieing S.o.b. that should be investigated by the OSC for misleading shareholders about his holdings in WIM. he told a friend of mine he controls over 30% of the stock.???