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

To: Enigma who wrote (2133)	9/27/2000 11:12:34 AM
From: goldsheet	Read Replies (1) \| Respond to of 3558

Let's say I woke up this morning, had a divine revelation and now believe manipulation is a fact and hedging is evil. It would not change the way I do fundamental analysis of a company (production, reserves, cost, etc..), the way I do technical analysis (big fan of aribitrage, ratios, MACD, etc..) or the method I use to manage money (trading strategy, stop losses, etc.. ) Therefore, I concentrate on the things I know how to do (fundamental analysis, technical analysis, and money management) and don't worry about things I do not have personal control over (manipulation and evil) It doesn't matter if gold is manipulated, I'm still going to trade it, it's so much fun !!

To: Enigma who wrote (2133)	10/3/2000 10:43:23 AM
From: russwinter	Read Replies (1) \| Respond to of 3558

The facts about ABX in the first half: They have not been guilty of "accelerated supply". That's to their credit and I don't think they can be pillared for contributing to the malaise in POG in terms of recent history (prior history is another story). But, redemption is a good thing. However, with prices hovering around 275, I wonder if there is a temptation to start closing out some or most of those 342-350 strike price spot deferred in 2002-2003 (4.2 million oz including the call writes)? The fact that they opened up their upside in 2000-2001 suggests that maybe they might? For an investor looking for a true call on POG rather than a insurance or spread business, this would make me very interested in owning ABX, especially at these prices. I believe such a move would go along ways towards turning their stock price around and capturing the interest of true gold investors.