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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Mr Metals who wrote (291)12/29/1997 8:38:00 PM
From: Tommaso  Read Replies (1) of 3558
 
I don't think that those of us who are long ABX should try to discourage anyone who wants to short the stock. Who are we to infringe upon their economic freedom?

Seriously, I have been following precious metals companies for twenty years and I don't think I have seen one as well managed as ABX before. Looks to me as if they could position themselves to break even on gold at half its present price--given their forward contracts which will pay for the new investments.
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