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

To: goldsheet who wrote (1441)10/20/1999 1:11:00 PM
From: Scripts  Read Replies (2) | Respond to of 3558
 
Hi This comment
..Barrick is long 51 million ounces of reserves, has hedged 14
million ounces, for an effective long position of 37 million ounces...

seems to put an end to all the carping about ABX and its impending doom via a price rise above the hedge price.

Could you clarify where the 51 million ounces are (in the ground, in a vault).



To: goldsheet who wrote (1441)10/21/1999 12:17:00 AM
From: ForYourEyesOnly  Respond to of 3558
 
Thanks!!!! THC


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