SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (1297)7/1/1999 6:56:00 PM
From: Exsrch  Read Replies (1) | Respond to of 3558
 
I think it is hair splitting. We all agree on what the benefit is for ABX.

An additional value few recognize is, under current trends, ABX has closed out or delivered gold back to CB's at a lower cost than when they leased the gold and sold it at spot.

Cheers,

Exsrch