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Gold/Mining/Energy : Gold Price Monitor

GDXJ 98.59

-2.8%

Nov 13 4:00 PM EST

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To: long-gone who wrote (74057)	7/27/2001 9:26:24 AM
From: Ken Benes	Read Replies (1) of 116762

Yes, a decrease resulting from a merger. The problem, as Palooka continues to get creamed with predictive left hooks, is all the artificial supply that 21% hedged position released to the market. Everyone understands the game except the occupants of the nest, ie barrick selling at 15 vs 19 prior to the merger, barrick selling at its pre split 93 price inspite of a huge gain in reserves and production. Your dream team at barrick has helped pull the rug out from under the gold market, become more a banker than a miner, and returned nothing to the owners of the company unless they are traders. Bravo for barrick from the nest in misplaced acclamation. What else is new. Ken

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