Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: gemsearcher who wrote (3096)	5/30/2002 1:52:50 PM
From: russet	Read Replies (1) of 3558

More bandwidth wasted on the Barrick thread with articles having nothing to do with Barrick. At $325 gold, you would think that if Sinclair and the rest of the Gata nutcases where correct, Standard & Poors and Moodies would be busy downgrading the debt of all the hedged gold producers, citing all sorts of credit risks, but they are silent. Not one story of a gold loan agreement being called yet using this mysterious margin clause that is hypothesized to be in these agreements,...even though Barrick says no such clause exists in their agreements. How can perceived credit risks for gold loans from Central Banks be increasing, when gold lease rates are falling. Another day goes by, and Barrick lives!!!!!!!

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