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To: long-gone who wrote (20544)	10/3/1998 7:12:00 PM
From: ForYourEyesOnly	Read Replies (2) \| Respond to of 116764

Any opinions on Trillion or Golden Knight?* Congratulations to all gold longs on a wonderful Friday! In the gold bear of recent years, all of the juniors have been completely malled. It is my belief that: A gold bull has begun On average the gold mining cos will do well *Solid juniors at rock bottom will rocket So I want to find juniors that have been killed, but are fundamentally sound and will attract early/powerful buying. An example of what may start happening is GSR(recommended by Bill Murphy) , which I picked up for $1.25 about a week ago, and hit $2 on Friday. I think other quality juniors will follow. Currently Golden Knight, Metallica & Trillion look interesting.........Any comments on these companies?? I plan to start buying, so any sincere comments would be greatly appreciated. I think there is little time left....I want to pick my targets and buy soon (while fighting for every $1/8).....any other recs?? Looks like juniors are starting to move.... Thanks! THC PS: Currently holding DROOY, FN, GRERF, GSR, PAASF, RANGY & SSRIF.

To: long-gone who wrote (20544)	10/4/1998 4:45:00 PM
From: goldsnow	Respond to of 116764

Indians buy Gold more when price is down..Americans when it is up :) Dubai gold bullion, jewellery business subdued 09:48 a.m. Oct 04, 1998 Eastern DUBAI, Oct 4 (Reuters) - Dubai gold is losing its glitter as bullion exports to India keep falling and local jewellery sales remain subdued. Traders said on Sunday a recent rise in gold prices was partly to blame for the lack of demand from India despite the start of the annual festival and marriage season in the world's largest bullion market. ''The market is still very dull,'' one trader told Reuters. ''People had bought enough gold at the beginning of the year when the prices were low,'' he said. Prices, which dropped to around $274 an ounce in late August, have since rebounded. International spot gold was last quoted on Saturday at $301.00/301.50 an ounce from $294.00/294.50 a week earlier. ''It's very bad,'' another trader said when asked about bullion exports to India. ''Every day it is worse,'' he said. Traders said even jewellery sales, usually brisk at this time of the year when tourists begin to come to Dubai at the end of the hot summer, were also dull. ''We expected a lot of tourists, but they haven't come yet,'' one jewellery trader in the Dubai gold souk said. Traders had been looking for the Indian festival season, following a good monsoon, to revive the emirate's declining gold trade. The festival season began last week at the end of the nine nights of the Hindu Navratri period with the Dasera celebration of good over evil. That is followed by the main Diwali festival of lights in the third week of October. In the past few years about 80 percent of gold imports to Dubai were re-exported to the Indian subcontinent. But last year's new Indian regulations liberalising gold imports have bitten into Dubai re-exports. Dubai imported a record 660 tonnes of gold in 1997. Imports in August stood at 29.57 tonnes, 49 percent down from the 57.50 tonnes imported during the same month last year. On Sunday, Dubai's benchmark ten tola bar was quoted at 4,163 dirhams ($1,134) up from last week's 4,065 dirhams. A TT bar is 3.746 ounces of 24 carat gold. ($1-3.67 dirhams) ((Gulf newsroom, +971 4 607 1222, fax +971 4 626982, dubai.newsroom+reuters.com)) Copyright 1998 Reuters Limited