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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (1297)7/1/1999 6:56:00 PM
From: Exsrch  Read Replies (1) of 3558
 
I think it is hair splitting. We all agree on what the benefit is for ABX.

An additional value few recognize is, under current trends, ABX has closed out or delivered gold back to CB's at a lower cost than when they leased the gold and sold it at spot.

Cheers,

Exsrch
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