Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Dwight Taylor who wrote (346)	1/15/1998 11:40:00 PM
From: Greg R	Read Replies (3) of 3558

Ben - The Inpathique chart is of the Toronto Stock Exchange's Precious Metals Index. Closing value today was 6066.86 for reference. Seen dropping to 5000 to 5300 mid February from a peak on January 15/16. Rising to mid March and leveling off for three weeks in the 6900 to 7200 range. Rising sharply to the end of June with 9300 not being a surprise. After that it drops just as fast as it went up. No attempt has been made at predicting how far it will go. I have no idea how that relates to the price of gold, but from the bottom to the top sees ABX increasing 75% Personally, rather than absolute numbers I follow the chart and when it says up I buy and when it says down I sell. I sold everything (precious metals) before the closing bell today. Greg

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