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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Tommaso who wrote (3288)1/16/2003 4:25:24 PM
From: Enigma   of 3558
 
It was not my intention to persuade you to buy Barrick - but I stand by my contention that inflation, unless of the hyper variety will have little effect on Barrick's costs - a few dollars per ounce at the very least. You clearly haven't absorbed Russett's excellent recent post!. But how you rationalise buying or not Barrick is your own business - you're over 21 and presumably mentally competent! But you were onto something momentarily when you pointed out that Barrick is a laggard in the market - that should be your cue. IMO Barrick has suffered from misconceptions in the market and as the quarters go by the public will realise that the company has got it right, and that it's the chicken lickens who are out to lunch. But don't saddle me with making up your mind for you - you can do that for yourself!
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