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Gold/Mining/Energy : Barrick Gold (ABX)

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To: nickel61 who wrote (2542)5/8/2002 1:01:56 PM
From: russet  Read Replies (3) of 3558
 
We differ on almost everything to do with Barrick (probably not a complete list),...

Structure of Barrick's hedgebook.
Quality of Barrick's deposits.
Ability of Barrick's to grow reserves and new resources.
Ability of Barrick's to adapt and prosper with an increasing POG.
Price of Gold and Barrick's leverage to it.
Importance of total costs vs cash costs per oz Au to Barrick.
Accounting and Financial Statement Analysis.
The need to read Barrick's yearend to talk informatively about Barrick.
How gold producers are valued.
How the market thinks.
What to believe and what not to believe.
Barrick's counterparty risk and who the counterparties are.
Barrick's US dollar risk.
Barrick's revenues and cashflows with rising gold prices.
Barrick's balance statement with rising gold prices.
Barrick's profits with rising gold prices.
Quality of Barrick's management and technical support.
The value of Gata,...I prefer the World Gold Council and Bob Johnson.
http://www.goldsheetlinks.com/
http://www.siliconinvestor.com/profile.aspx?userid=1542953

You have decided that Barrick needs punishment from the market, and look everyday on the internut for confirmation from various authors with dubious and outright false opinions. Why don't you just read Barrick's annual reports and form your own opinions instead of relying on some other nutcase to tell you what to think?
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