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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (3413)3/4/2003 5:26:10 PM
From: Dundee Maples  Read Replies (1) of 3558
 
Have to say that Barrick sure does have strange price action for a company that has all these super perfect derivative deals going for itself. Something just does NOT smell right with them. There is a lot of cheerleading about how brilliant their derivative deals are, but their stock action definitely does poorly when bullion moves up.
I still think there are some interesting revelations to be discovered about Barrick, JP Morgan and others in the not to distant future.
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