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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: Exsrch who wrote (1261)6/23/1999 4:50:00 PM
From: Exsrch  Read Replies (2) | Respond to of 3558
 
I hope todays uptick (shortterm) in ABX, which was more than NEM, is the realization that ABX makes alot more money per oz than its peer group as long as price stays below $385. NEM generally leads ABX but not today. Although, ABX will only pay a minor penalty for higher lease rates even at above $385 ABX should the one of the most profitable gold companies no matter where the price of Gold may go.

Cheers,

Exsrch


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