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Gold/Mining/Energy : Barrick Gold (ABX)

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To: whiskeyjack who wrote (947)2/10/1999 1:37:00 AM
From: The Fix  Read Replies (1) of 3558
 
Hello WJ, I think she was Steady as she goes. The ARP thing will be dropped for at least afew months. The true offer might be in the $8.oo range. ABX will not pay that under the current market conditions. ARP is lucky that we offered $4. I think that we are in for some more hedging for a few more years.

On another note....You follow GRE? Worth keeping an Eye on.

fIXER
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