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Gold/Mining/Energy : HARMONY GOLD MINING -- HGMCY
HMY 3.120+2.0%Dec 10 4:02 PM EST

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To: Toby Zidle who wrote (250)7/28/2002 2:31:07 PM
From: Jerry Miller   of 271
 
Hi Toby,

the story isn't a hoax.
a huge short squeeze in the stock is a very real
possibility, very soon.

"This effectively means Khumalo was lending Simane's Harmony stock - which he was precluded from selling or encumbering - to traders who had short sold Harmony shares (sold shares they did not own). He will now have to call in his loans and return the stock within two weeks, according to the agreement brokered by the government. "Subsequent to the discussion held between the representatives, it was agreed that within a period of 14 days the total amount of 10.8 million shares should be returned to control of Simane," said the statement."

this link should work:
mips1.net

if it doesn't, try this one:
theminingweb.com

the full story, as each was written can be found near the
bottom of the page, on the left (after scrolling down).

the heading is " 7M HGMCY shares missing".
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