Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: jrhana who wrote (34073)	12/3/2003 6:48:24 AM
From: jrhana	Read Replies (1) of 36161

A way out for ABX? <Ultimately, the whole Barrick position can be rendered moot in a deal that finds or buys a lot of new ounces. Gabriel Resources [GBU] is one option that remains on the market radar as a very likely takeover candidate, especially because Munk’s real estate investment company, Trizec-Hahn, has a subsidiary in Hungary that is developing projects in Romania> mips1.net Of course that makes the most sense. Buy up some cheap ounces in the ground and dilute the effect of the hedge book.

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