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Gold/Mining/Energy : Gold Price Monitor
GDXJ 112.58-1.5%Dec 15 4:00 PM EST

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To: re3 who wrote (50505)3/18/2000 8:11:00 PM
From: d:oug  Read Replies (3) of 116814
 
<<...abx, so whats the big freakin' deal ?>>

<<love abx, overweight it, overhedging, underweight it>>

ikegodsey. Might be that you missed some posts or did not read between
the lines or its really not a real concern of yours with a not holding ABX.

At issue, as in concern about Barrick, is the near future potential criminal
finding that this company was in collusion with others in the anti trust
case brough about by GATA. If so the hedging activities are a mute fact
to determine share value, as all shareholders will have to pay the price
for any convictions for pentalities the court renders.

Bottom line, hold ABX and if GATA's story is played out as they predict,
then Barrick the company is toast for current shareholders.

Want to chance that when other equally matched gold companies are not
the focus of the GATA attack ?

To me its a no brain'er.

Doug
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