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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (1531)12/11/1999 9:42:00 AM
From: re3  Read Replies (1) of 3558
 
DD, what i think you don't want to recognize is that there are alternatives...why play stocks that may have hedging risks when you can play unhedged stocks...here i like franco the best, but i suppose agnico might have merit too. and there are others...

you might be right on abx, but why should anyone risk it ?

either you are bullish on golds prospects or you aren't...

i am , so will stick with franco and assorted others...

besides, i've been following abx for 2 years now, i believe someone who bought and held would be slightly down. interestingly enough, had the person just bought in the fall of 97 and sold call options, they'd have done very well...this speaks volumes, i believe...
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