SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (48758)2/10/2000 8:40:00 AM
From: long-gone  Respond to of 116764
 
And really I guess the real news is see the + tone in the reporting!:
Wednesday February 9, 2000 2:34 PM EST

More Bullish News For Gold

Barrick Gold Corporation (ABX) has announced that it is following the lead of Placer Dome (PDG) in reducing the amount of production it hedges in the futures market.

According to the announcement, Barrick's hedge position was reduced by half, from 18.8 million ounces to 9.8 million ounces, in the last quarter of 1999. Barrick purchased 6.8 million call options that will provide significantly greater participation in gold price rallies.
(cont)
newsmax.com