5:09p ET Thursday, February 22, 2001

Dear Friend of GATA and Gold:

A new essay at www.theminingweb.com [1] by Paul Liquorish
analyzes cycles in the gold price to predict a major rise in
April. But it is more interesting to us for its taking note of
GATA's work in South Africa. It's more evidence that, with
your help, we are making a difference.

You can find the essay here:

a href=http://www.mips1.net/MGGold.nsf/Current/4225685F0043D1B2422569FB003B07ht... [2]
F6

But if that link doesn't work for you, just go to
www.theminingweb.com [1] and you'll find it.

CHRIS POWELL, Secretary/Treasurer