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


To: Ken Benes who wrote (73141)7/9/2001 3:11:33 PM
From: long-gone  Respond to of 116753
 
Only delisted I'm aware of were SSC & RYO, not large enough to have massive hedge positions. In fact lack of hedge positions may have done them in.

This though is your exercise not mine, and you need cases of attempts to defraud.



To: Ken Benes who wrote (73141)7/9/2001 3:12:51 PM
From: Zardoz  Read Replies (1) | Respond to of 116753
 
The markets have become wise to risk associated with a complicated hedgebook, and the markets have also come to understand that companies with derivative risk have an interest in maintaining a stable gold price. Barrick has suffered because of this and it is evident in their share price.

What do you base that one, your ideas of the world... It seems that logic fails you once again in life. Try comparing the equity value of ABX versus NEM {which is limited hedged, and for some unknown reason preferred by fools alike}

quote.yahoo.com

Geee ABX is some 20% better then NEM over 5 years... guess that just blows your opinion out the window.
Let's compare ABX to HM?
quote.yahoo.com
Well ABX is still better...
Maybe HM versus NEM?
quote.yahoo.com

Hutch