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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Enigma who wrote (2325)4/3/2002 9:03:29 AM
From: nickel61   of 3558
 
The change has arrived my friend. The only question is whether or not American Barrick can unwind it's hedge position while everyone else in the industry is trying to do the same thing. I don't think you will see them havign much luck. The Japanese, Muslims and awakening American investment demand is going to make it a little difficult to come up with 18 million ounces. Like was said on here a few days ago. The ounces already sold have given up their upside and the market has seen through that.
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