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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (3100)	1/18/1999 6:45:00 AM
From: Bill Murphy	Read Replies (2) \| Respond to of 81900

Marcos, Thank you for that feedback. It is important to me for the opposite reason than those in Mexico. I have put some good bucks into a mining company ( ECU ) out of Montreal, but their mine is in Mexico. If the Peso devalues like you say, their costs will go down. It is a commercial production silver play. Sales are in dollars. If the peso depreciates to a good extent, their costs go down in dollar terms, it is helpful, just as it is if the price of silver goes up. Of course, if the peso is annihilated, there will be wage hikes to contend with. This is interesting to follow. Bill