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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: goldsheet who wrote (1332)	6/10/2001 12:50:21 AM
From: lbs1989	Read Replies (3) of 4051

"Hedging 101" Dear Bob, Russ, Claude and the rest of the thread, I have read somewhere that Barrick has hedged some of its production at around $316 and $325. Is it probable that as gold would approach these levels Barrick and or its bullion bankers may try to "resist" gold going above these levels? If the answer is yes, is it possible to produce a table to show say, the top ten hedgers with the amount and the prices they are hedged at? If one was going to try and take some profit as gold moves up it would be nice to know in a general way where the "booby traps" are or as I guess you say "resistence" levels! Would this be a form of technical analysis? Does this idea make sense to the thread? Thanks and regards,

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