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To: ForYourEyesOnly who wrote (19947)9/28/1998 1:19:00 AM
From: Barber From Seville  Read Replies (2) | Respond to of 116761
 
Can anyone give me some recommended Buy and Hold stocks in the gold sector. I am currently looking at Kinross Gold on Toronto. Any others that fit the criteria of: Operating Mine-Great management-Stock over $2.00??? Please list.



To: ForYourEyesOnly who wrote (19947)9/28/1998 7:12:00 PM
From: goldsnow  Respond to of 116761
 
"His lack of authority is particularly alarming because Mr Primakov, a former foreign minister, is considered to be the only figure standing between Russia and a full-scale communist counter-revolution or fascist take-over."

Russians' faith in Primakov takes a dive
By Marcus Warren in Moscow

YEVGENY Primakov, the prime minister who cannot form a government, is looking less and less like the man to end Russia's chaos.

On his appointment, the former spymaster was hailed as a strongman with universal support and thus uniquely placed to deal with the country's chronic problems. A fortnight later, Russia seems little closer to forming a programme to deal with its economic collapse, while the aura of mystique that surrounded Mr Primakov has evaporated.

His credibility sustained more damage over the weekend when Alexander Shokhin, the Deputy Premier charged with negotiating with the country's international creditors, explained the reasons for his resignation on Friday night. Mr Shokhin fiercely criticised the reappointment of Mikhail Zadornov, the old finance minister, and complained that his own brief stay in the cabinet was "window dressing for the West".

His comments alarmed foreign investors, already stung by Russia's default on some of its short-term debts in August and increasingly afraid that it could default on the £12 billion in loan payments due next year.

According to opinion polls, Russians welcomed Mr Primakov's appointment because it offered some stability amid recurrent crises. But his authority is being called into question at a time when it is facing its first serious challenge, national demonstrations on Oct 7 demanding Mr Yeltsin's resignation, organised by the communists and trade unions. Reports from the Russian military also speak of a state of near mutiny among officers owed months in back wages. Unpaid scientists are said to be planning sit-down protests on the chief approach roads to Moscow.

His lack of authority is particularly alarming because Mr Primakov, a former foreign minister, is considered to be the only figure standing between Russia and a full-scale communist counter-revolution or fascist take-over.

Mr Primakov's problems are also worrying two of Russia's most influential businessmen, Boris Berezovsky and Vladmir Gusinsky. Mr Berezovsky said: "The fact that it is taking two weeks to form a government is proof of Mr Primakov's diplomacy. But I say that this is a government which is unable to function."

Mr Shokhin said that some people believed that "Primakov's government has a life expectancy of between three and four months, depending on how fast it makes up its mind on economic strategy".
telegraph.co.uk