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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Zardoz who wrote (240)12/12/1997 2:55:00 PM
From: Cascade Berry  Read Replies (1) of 3558
 
Hi All...I'm long the ABX Leaps (25 strike for 2000). I think the stock is now beginning a recovery...With ABX's 31 million buyback, and an 11 million short position, this is a recipe for DYNAMITE, representing 40 million shares of demand. And I believe gold will recover to at least 310 by April - that demand will soon kick in...Hope I'm right...

Cheers.
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