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


To: Zardoz who wrote (1377)10/12/1999 11:33:00 AM
From: The Barracudaâ„¢  Read Replies (2) | Respond to of 3558
 
ABX's conference call will tell the tail

Your response implies that I was intellectually dishonest when I asked you ?Would ABX get a margin call if gold went to $400.?

Ok, well. How do mining companies stress test their hedge books?

Do they say, ? at 400 what is our position??

Or ?when gold rises to 400 what is our position??


Or ?gold at 400 means what??

But never, ever, should they say, ?If gold goes to 400 will we be getting margin calls??

I guess I don't know my place by asking such an impertinent question.

Robert