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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Enigma who wrote (2159)10/18/2000 6:56:41 PM
From: Ken Benes  Read Replies (1) of 3558
 
Barrick hit 13, the 12's are right around the corner. The funny thing, the 12's may not hold. With barricks earning under 1.00 and its reserves being heavily discounted by the low pog, barrick could trade as low as 10 with the multiples associated with other commodities. Not bad for a company making bags and bags of money.

Ken
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