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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Gord Wilson who wrote (498)3/3/1998 6:56:00 AM
From: Porter Davis  Read Replies (1) of 3558
 
>>Just wondering why Barrick has the largest short position on the TSE

The recent issuance of instalment receipts is the reason. Professional arbs buy the receipts and sell the underlying. (Doesn't work the other way around.)

Happy trading.

Porter

TSE options specialist in ABX, BCE, BLD, N
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