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To: Enigma who wrote (44698)11/7/1999 1:42:00 PM
From: Alex  Respond to of 116785
 
More PM Charts...............

cairns.net.au



To: Enigma who wrote (44698)11/7/1999 3:55:00 PM
From: Ken Benes  Read Replies (2) | Respond to of 116785
 
While I was gone, I noticed that abx has fallen below 18. It appears that high production, low cost, and hedged positions have backfired on this company. From the vantage point of your defense of the hedging techniques of this and other producers, abx should be steaming along basking in the benefits of its current eps and future earnings. What went wrong. Nem appears to be holding up rather well.

Ken