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


To: nickel61 who wrote (1939)1/16/2000 12:24:00 AM
From: Zardoz  Read Replies (2) | Respond to of 3558
 
Barrick appears ready to consider closing their hedges!

YOU, GATA, & Butler might see it as that, BUT you could sadly be wrong. Before ABX ever closes off that hedge, you will see a Barrick-Hedge-Fund IPO. In plain words, ABX would be best to transfer their hedge into a separate entity, issue shares, and appease the anti-hedge neophytes.

Hutch