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Gold/Mining/Energy : Gold Price Monitor

GDXJ 127.15

+0.4%

Jan 15 4:00 PM EST

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To: Enigma who wrote (39133)	8/17/1999 12:33:00 AM
From: d:oug	Read Replies (3) of 116857

(off topic) advice on ABX asking <<Barrick's hedging position...they should have read the recent postings on this thread, including the detailed description of the hedging program.>> d, I never held ABX, but recently I advised a person I know that does, to sell all. He brought in years ago at 30 and I told him better to get 1/2 back rather than take a chance that legal problems belly-up and put on hold any chance of getting a return. I did read all those posts about hedging, but I seemed to get the understanding that it was the public view of what Barrick is doing, given out by Barrick. Your understanding is that they are on a good and solid and safe path. The information I have is of the rumor here-say type and not from GATA, and I was told not to present it public, so if you could identify the GATA stuff as false or true or needs more investigation, then I can have the opportunity to advise that person to undo my advice, and buy ABX back. thanks doug

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