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


To: BSGrinder who wrote (48391)2/7/2000 4:55:00 PM
From: lorne  Read Replies (2) | Respond to of 116764
 
Hi BSG. I keep thinking about your comment " It appears to me that Barrick has declared war on the rest of the industry.".
I think you are correct and I can't help but wonder if barrick has the gold ( balls ) to defy the the likes of Anglo, Gold fields, Placer etc.
Can Barrick keep the price down with their production and hedging.
Will the rest of the gold miners take the slap in the face lying down or will they fight back and how?
I like many others wondered what the barrick announcement on hedging would be and my thoughts were that with bush & mulrooney
on the board what would the government do and then I knew.
Take care
Lorne