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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (2194)11/12/2001 8:35:13 PM
From: rdww  Read Replies (1) of 3558
 
well as FN points out - they could stimulate gold just but closing out the hedges and as both FN and G suggest - these guys will try and raise the gold profile only to further hedge as it hits 300 or so - so it seems quite self limiting - why let the industry rise up? if they keep it down here in the doldrums for another couple years then there really wil be some bargain basement hunting going on
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