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Gold/Mining/Energy : Gold's Six Month Base Near Completion -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (65)	6/8/1998 5:27:00 PM
From: KAZHAK	Read Replies (1) \| Respond to of 94

Bill, Hope that this is just the beginning.. Continued high option paper in the XAU, and ABX. 500 june 70 calls were bought in the XAU, and Chicago Corp. sold apx. 2,500 of the July 20 calls in ABX, probably opening up a large buy-write(long stock 1:1 against sold options). Also 500 june 7.5 calls were bought in CDE, a junior producer. I saw a news blurp that stated that there has been one dealer that has been buying gold over the last week, including today. Maybe this is one of the big producers, as the latest commitment of traders shows that they are 2:1 long-short. Any ideas of who the dealer is, and who he may be representing? Thanks for your response.. KAZHAK