Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Zardoz who wrote (2012)	2/6/2000 10:49:00 PM
From: marcos	Read Replies (2) of 3558

Hutch, whatever it is they do i don't want any part of it. You know i have a lot of respect for your opinions and btw the same is true of Enigma, but i simply don't understand all the implications of all the abx positions. Seems to me in my admittedly limited understanding that they don't stand to make enough to justify the share price no matter which way gold goes, and if it goes high enough they're in deep doo doo. The less hedged the better imho - i'll stick with cleaner vehicles for the trading of gold. If they had led in the unwinding of shorts as they led in their making, the story would be different. But to follow others will be deadly - it's a business where the devil takes the hindmost ... hope it works out for you anyway, i know you're nimble and play it long and short and know it well, so it likely will ... cheers

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