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Gold/Mining/Energy : ECU Silver Mining Inc -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (416)6/5/1999 1:45:00 PM
From: Baba 2  Read Replies (1) | Respond to of 672
 
cc,

I suppose it all depends on how far and long the cabal or PPT (Plunge Protection Team (not gold's price but the house of cards called the derivatives market))allow gold to sink. If the worst has been seen, then we may get out of this one ok...If as I'm hearing that $200 gold is in the wings then I'm convinced that there will be fewer producers around. Only makes sense....I own GRE.T and this may be one of golds that taps will be played for ( rumor has it that management is out looking at caskets this past week). I don't follow too many more but I'm sure there are others. Mines will close and so will the companies behind them....ABX, with their strategy of destroying the gold market, will sit back and pluck out the cherries from the carnage. I guess it's called survival of the fittest. Whatever it is called it is most discouraging and suspicious.....