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

To: Investor-ex! who wrote (1493)	12/3/1999 3:13:00 PM
From: jack BROSS	Read Replies (1) \| Respond to of 3558

well saID INVESTOR-ex i can''t not imagine an economic world withot HEDGING. THERE is adifference between GOOD HEDGING (abx) and BOUNDING ALL ITS PRODUCTION TO THE BANK. (ASHANTI) those who want to sell all their production at MAXIMUM, PRICE ARA ALWAYS LOOSER . ABX SHARE PROFIT every quarter since the gold crisis because of well HEDGING. IF POG GOES VERY HIGH . THEY WILL STILL share profit with the 2<3 of unhedge gold , also their strategy of producing gold at minimumcost lioke in peru and tanzanie balance the wave ofPOG NOT ALL THE EGGS IN THE SAME BASKET .....................JACK BROSS