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


To: Bob Howarth who wrote (1387)10/13/1999 8:59:00 PM
From: Andras  Read Replies (1) | Respond to of 3558
 
Given its low production cost,huge reserves, great balance sheet, and successful hedging program, market instabilities, the decline of the US$..they are all pretty compelling reasons to own a quality co. like ABX.

I think it will trade in the near term around $24-25 and will go higher following the price of gold above $250/oz.

Happy investing,

andras