Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Eashoa' M'sheekha who wrote (733)	9/10/1998 12:19:00 PM
From: Enigma	Read Replies (1) of 3558

T553/ALL -is anyone aware of the details of Barricks hedge programme? Specificly (sp), does the company enter forward sales daily, weekly or monthly, etc.? My hunch would be that the sales have no reference to the spot price but are carried on in a routine, periodic way - otherwise they would be simply playing the guessing game re pricing. I've posted a similar thing on GPM E

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