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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Ken Benes who wrote (3327)1/20/2003 5:11:57 PM
From: Dundee Maples   of 3558
 
Ken, it is interesting for the company to suffer quite this much in such an up market. Where the rubber meets the road they seem to be having problems ... None of these issues came up in the down market?????

Maybe, Barrick has the perfect hedging and derivative package, but it is strange that they are having trouble now in an up market when they were stellar in the down market.

Yes, I am still very interested in the counter parties ... because someone is on the downside of the counterparty agreements and they may get buried by them. Someone is losing and they continue to lose larger amounts.
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