Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (2465)	5/2/2002 2:34:02 PM
From: nickel61	of 3558

I stand corrected Newmont loses to Barrick on the five year chart, which is interesting in and of itself..But Barrick is still stinking up the place for the 3 month, Year to date, 1 year and 3 year. It is really only this little spurt in the last two weeks that puts them even positive. What is interesting about that is that the other stock beating even Barrick in the two week period is AU or AngloGOld, Maybe there is something to that rumour after all. Odd that in a period of rising gold prices that two so heavily hedged companies would show a price appreciation in their stock prices...more then the unhedged...as I earlier pointed out this is only a two week phenomena so don't get too excited, but it is still strange..maybe there is a stock swap bid acquisition coming after all. The street magicians have been known to help the share price of an acquirer when stock is to be the currency offerred to the target shareholders. It would tend to verify Murphy's supposition about there being an ongoing battle for AngloGold....very interesting indeed. Thanks for the chart reference Enigma..you might make me some money after all.

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