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

To: Ken Benes who wrote (50116)	3/7/2000 10:03:00 AM
From: Enigma	Read Replies (1) \| Respond to of 116972

Well you continue to follow the trading of Barrick on a second by second basis - a terrible obsession for a fellow to have fallen into!! What's that expression about seeing the woods for the trees? Nobody will know whether one stock will do better than the other until they can look back from the future - not even you can do that? So ease up for now - you're on a futile mission!

To: Ken Benes who wrote (50116)	3/7/2000 10:46:00 AM
From: Rarebird	Respond to of 116972

<For trading, it is a no brainer nem over barrick.> For value, it is a no brainer: ABX represents better value at these levels. <A significant number of gold investors recognize barrick as a corrosive force that has helped savage the gold industry.> Those same investors need someone to blame for all the losses they have sustained over the past 20 years. Wait till Gold finally enters a bull market and then see where the smart money goes. Investing or trading based on resentment as if the Market owes you something will only create further losses.

To: Ken Benes who wrote (50116)	3/7/2000 11:18:00 AM
From: Zardoz	Read Replies (3) \| Respond to of 116972

Ken, For trading, it is a no brainer nem over barrick. It's neither ABX, or NEM. PDG is the brighter trade right now. And it has NOTHING to due with their hedge book value. Barrick is NOT a corrosive force on the industry, ignorance of balance sheets is. Just because NEM appears to be higher in value, does not make it a better stock going forward. In fact if you consider the Price Of Oil, NONE of the gold sectors are a buy. But if you must: ABX & PDG are better buys. Hucth