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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (48367)	2/7/2000 2:42:00 PM
From: Cynic 2005	Respond to of 116762

ABX Buying calls is bullish for PoG as opposed to selling them. I think the production increases are taken as negative.

To: Enigma who wrote (48367)	2/7/2000 2:50:00 PM
From: goldsheet	Read Replies (1) \| Respond to of 116762

> Hedging being continued in fact but more calls have been purchased Looks like down to me: Barrick reduced its long-term call options sold from 4.0 million ounces at the end of the third quarter, to 2.7 million ounces at year end. > Pasqua is going to be huge and more huge. I don't want to sound like a broken record, but I continue to say production will go up, and the big will get bigger. Pascua would be the 25th largest gold miner if it were a stand-alone company. Don't forget Rodeo (only 350,000 ounces per year) and Bulyanhulu (only 400,000 ounces per year)