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Gold/Mining/Energy : Barrick Gold (ABX)

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To: nickel61 who wrote (2961)5/21/2002 9:18:31 AM
From: Enigma  Read Replies (3) of 3558
 
<<We are all learning what is really going on with Barrick's financial hedges and it's future as the discussion continues>>

Have you learned a thing? Only those views that fit in with your vague anti-Barrick sentiments. It seems that the anti-Barrick folk all assume that Barrick is lying, it's auditors are lying. How else to explain the fact that all references to the Financial Statements, notes thereto are dismissed out of hand. Of all of us, and I suspect that includes the learned professor (who you should inform BTW) only Russett, and I'm sure Bob Johnson have actually studied the Barrick material. But I can hear you say 'well how can you trust a corporation - after all Enron misled the public?' That's why I keep going back to the barometer of the market - and the market doesn't buy this stuff - but as you should know if any of this crap stuck the market would be the first to react. We're seeing a massive propaganda campaign here - based on misinformation - but it has placed a spotlight on Barrick and it seems to me that Barrick comes out of it clean in spite of your efforts to the contrary - much of it in the form of variations on a smear/innuendoes etc. Haven't time for spell check.
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