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Gold/Mining/Energy : Barrick Gold (ABX)
ABX 7.250-6.6%Feb 5 3:59 PM EST
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To: Zardoz who wrote (1279)6/29/1999 2:41:00 PM
From: Exsrch  Read Replies (1) of 3558
 
Also there is misunderstanding about how the hedge works for ABX.

I believe many who trade are under the assumption that ABX shorts gold; therefore, the traders assume ABX is exposed to a liability when gold price increases.

Do you have any other hypothesis?

Exsrch

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