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Gold/Mining/Energy : Sun River Mining (SUNR) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (652)4/6/1999 8:03:00 AM
From: Mr Metals  Respond to of 1650
 
Placer Dome Inc -
NP says gold's price plunge hurts Barrick, Placer
Placer Dome Inc PDG
Shares issued 250,058,657 1999-04-05 close $16.1
Tuesday Apr 6 1999
See Barrick Gold Corp (ABX) In the News
The National Post reports in its Tuesday, April 6, edition that gold prices continued to tumble yesterday, falling $1.60 (U.S.) to $278.30 on the Comex division of the New York Stock Exchange. The National Post's Garry Marr writes in his Market Action column that gold prices have already fallen 3.3 per cent this year. Barrick Gold and Placer Dome are following gold's decline. Barrick shed 50 Canadian cents to close at $25.05 yesterday, and is off 15.8 per cent for the year, while Placer Dome retreated 40 cents to close at $16.20 yesterday, and is off 8.6 per cent for the year. Unnamed analysts say Swiss plans to sell gold reserves have hit the market hard. In balloting on April 19, Swiss voters will be asked whether to amend the constitution to allow the country's central bank to sell about 1,300 tonnes of gold, half its reserves. Last week, the Swiss government said the sales, which would take place over a number of years, could begin in the spring of 2000 if the amendment is approved.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

MM



To: Jim Bishop who wrote (652)4/6/1999 8:05:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 1650
 
Did BRE-X come back to trade????.......ROTFLOL!!!!!

Toronto Stock Exchange -
Globe says TSE halted due to computer glitch Monday
Toronto Stock Exchange TSE
Shares issued 0 1899-12-30 close $0
Tuesday Apr 6 1999
The Globe and Mail reports in its Tuesday edition that the Toronto Stock Exchange halted trading in equities and derivatives for 2 1/2 hours Monday because of a computer glitch, enraging some market participants and raising questions about the TSE's plans to take over all Canadian trading in blue-chip stocks. Spokesman Steve Kee said the shutdown was not related to year-2000 testing, and was not a problem with the old CATS (computer-assisted trading system) computers that the exchange is planning to replace next year. He did say, however, that the crash may have been related to a scheduled power shutdown that happened last Friday. No trades were lost and none had to be reversed, Mr. Kee said. Peter Hickman, president of discount broker HBSC InvestDirect Canada Inc., said: "If the exchange is going to put itself in a position where it is the only place in Canada where you can trade those (large-capitalization) stocks, then it behooves them to make sure they can stay up all the time. The world is talking about 24-hour-a-day trading, and we can't even keep it up during normal business hours. I mean, come on guys."

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

MM