Barrick shareholders contacted Milberg Weiss Bershad Hynes & Lerach Law Firm to file a lawsuit against Barrick (ABX) management.
The above I obtained from post #48621 of this thread.
"Examples of the Extraordinary Barrick Gold Shareholder OUTRAGE !!!"
Fun-da-Mental#1,
<<Barrick made smart hedging deals on the downside, and now on the upside ... it makes whoever signed those contracts with them look like suckers.>>
As SirLockHomes would say to Dr. WhatSon, its 2 fundamental to not understand.
For the above "sucker" who guarantees that Barrick Gold wins the flip of the coin, Head ABX wins, Tails ABX wins, no problem say who lets Barrick win the gamble, knowing that there is no free lunch, that for each winner there has to be a loser to cough up the winnings. No problem, they just pass the responsibility to "pay up" (give Barrick the winnings) to clueless and stupid and ignorant and not-paying-attention parties like citizens on the nations that suffer thru low gold prices, and also honest & naive gold investors into companies trying to sell actual gold for a profit.
Don't be puzzled by this so called enigma, do not think it an enema to loosen thought and release TruTh, no, do not smile as if it for help, look behind you and see ABX screwing folks, which begs the question, "are you one." [being]
Doug |