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Gold/Mining/Energy : Latitude Minerals LTU.V -- Ignore unavailable to you. Want to Upgrade?

To: Joel W. Grothendick who wrote (99)	10/3/1998 12:15:00 AM
From: Spiney	Respond to of 366

Hi Joel... $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ 1.5m shares at 15 cents Latitude Minerals Corp LTU Shares issued 2,901,842 Sep 29 close $0.49 Fri 2 Oct 98 Private Placement The VSE has accepted for filing a non-brokered private placement of: No. of shares: 1,500,000 Price: 15 cents Warrants: For 1,500,000 shares Wt exercise price: 15 cents in year one; 17.25 cents in year two Placees: CCD Consulting Commerce (Fred Dukas) 650,000; Clarion Finanz (Carlo Civelli) 650,000; Ladner Rose Investments (David Elliott/David Shepherd) 115,000; and five others (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Ka-ching...the money is in the bank. :-) Now if the POG can hold 300 we should be a bunch of happy campers soon. spiney

To: Joel W. Grothendick who wrote (99)	10/3/1998 10:34:00 PM
From: Spiney	Read Replies (2) \| Respond to of 366

Hey Joel...where are ya? Check this out. Friday October 2, 5:38 pm Eastern Time NEW YORK, Oct 2 (Reuters) - Van Eck Global and Worldwide Hard Assets Funds has raised their allocation to gold shares to between 20 and 25 percent of assets from 5 percent, the funds said in statement Friday. The company said the move comes in response to the rally in gold and gold share prices sparked by the recent turmoil in financial markets. ''Currency collapses, hedge fund failures, and the threat of further declines in stock prices have raised investor need for a true safe haven, and gold has historically been the safe haven of last resort,'' said Derek Van Eck, portfolio manager of the Van Eck Global Hard Assets Fund and the Van Eck Worldwide Hard Assets Fund, which is offered through insurers. World stock and currency markets are likely to remain volatile well into 1999, and the prospect that central bankers may loosen monetary policies to avert recession means gold and gold shares will outperform other assets, Van Eck said. The gold allocation in the fund is now the highest of the past four years. Van Eck manages nearly $140 million in assets in the Hard Assets sector, and more than $250 million in gold mutual funds. Founded in 1955, Van Eck Global offered the first gold mutual fund and its Hard Assets Funds invest in the stocks of gold mining and other metals-related companies, real estate, energy and natural resources concerns.