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Gold/Mining/Energy : Barrick Gold (ABX)

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To: russet who wrote (3336)1/20/2003 9:07:52 PM
From: Ken Benes  Read Replies (3) of 3558
 
I have to give you credit, you spend a great deal of time and effort for a measly profit. I guess your notes reflect a bit of cognitive disonance.

I will agree with you on one very pronounced effect of their hedging program, I do not believe I ever saw a resource based stock trade in such a limited range. If you are an adroit trader you probably can swing 5/8 to 3/4 of a point on a regular basis. Marvelous.

Ken
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