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Gold/Mining/Energy : Barrick Gold (ABX)

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To: russet who wrote (3396)2/20/2003 10:01:52 AM
From: Ken Benes  Read Replies (1) of 3558
 
Obviously your horizon are not much further than the tip of your nose. Declining ore values, increased cost of production during a period in which the price of gold rose dramatically. A decline in efficiency was more than compensated by the increase in the pog. Stagnant share price, a sacked CEO, and skeptical investors indicates more than problems with efficiencies. Sounds like the abx web site has been produced by disney, it certainly does not qualify as reality tv.

Ken
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