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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Bid Buster who wrote (160021)4/15/2002 9:56:41 AM
From: Rarebird  Read Replies (2) of 436258
 
<If gold moves up abx will have to use reserves to cover margins...but to think they have unlimited reserves is clownish thinking>

ABX's 18 million oz of leased gold contracts come due in small increments over 15 years. They don't come close to exceeding their production in any year.
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