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To: long-gone who wrote (61650)1/25/2001 1:36:47 PM
From: Mark Adams  Respond to of 436258
 
I doubt ABX would cover all of their hedge. They have bought calls to offset part of their hedge in the past. BTW, long ABX, but a small position.



To: long-gone who wrote (61650)1/25/2001 1:46:37 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
this is news to me, but if true would be a powerful signal...ABX getting cold feet? only if they KNOW something...



To: long-gone who wrote (61650)1/25/2001 2:18:14 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<"Rumors abound that Barrick has
covered its short (hedge) position,buying 10 million ounces in Calls. Can anyone confirm this?????????? ">

And gold didn't budge??? Seems unlikey, BWTFDIK

DAK