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To: yard_man who wrote (100617)	5/8/2001 3:34:37 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

What a d*ckhead...sell 'em! Disclosure: I'm SHORT ABX shares.

To: yard_man who wrote (100617)	5/8/2001 4:16:32 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

perverse reasoning is all the rage these days. these guys are whackos, imo. they added another 1,6 million oz. in fresh shorts in qu. 1 alone. to say that this additional supply doesn't hurt the price is completely disingenuous. i'm heartened by the fact that he doesn't see a 'near term catalyst for the price'. just maybe he's going to get a mighty boot up his shorter's arse...-g- note: only a fraction of Barrick's profits come from their actual business...some 80 or 90% are derived from their hedging activities. i don't regard them as gold miners at all...they're a hedge fund that is exclusively engaged in shorting gold, and owns a few holes in the ground on the side for cosmetic purposes.