>> Craig dude - WHAT is it a balance sheet of?
>
>> the e-gold SP Trust? e-gold Ltd? GSR? ominpay?
>
>E-Gold LTD!
>
>They Trust just stores the gold. I don't think they have a balance sheet.
Sure it does man, we now know for a fact that there's one "line item"
unexplained.
The SPTrust 'owes' "the gold that makes up e-gold to e-gold Ltd" and
we now know they ALSO 'owe' about 300 ounces of other gold to someone
or something else.
Nobody this side of the event horizon knows who or what.
>E-Gold OWES their customers the gold they have listed as assets. Their
>liabilities are less than their assets. They've fulfilled their obligations
>to their customers.
everyone agrees that's the case! So. back to the original question!
What is the other gold ?!?!
>
>Craig
At 12:11 AM -0500 6/4/02, SnowDog wrote:
> I can't agree with that. The balance sheet for the Trust, (if there is
>one), would HAVE to balance. The trust wouldn't have any unaccounted assets.
of course. So - what is the other liability. IE, WTF is the other
gold bullion!
God! It's a pretty basic question!
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