Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (2586)	5/9/2002 11:00:54 AM
From: nickel61	Read Replies (1) of 3558

Get a grip man, the management is feeling the pressure for more disclosure from the shareholders and they are responding. The question is are they able to disclose everything they need to and still keep their hedges on. Failing that can they cover their hedges before the price of gold gets to the $356-$360 level and their entire equity position is offset by an off balance sheet negative greater than their stated cash position.

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