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To: d:oug who wrote (85188)5/7/2002 12:44:02 PM
From: marek_wojna  Respond to of 116823
 
Doug,

Nothing will give me more pleasure than seeing producers buying commmodities they produce at much higher price then the cost of their own production. Whatever I read about 15 years lines of credit for some heavily hedged companies, I'm asking this thread with the question - if the choice of going belly up will be left to the bankers or their customers, who will go first, even if this mean broken promises? If POG shuts up the situation will look more like divorce and division of properties between husband and wife who once upon the time loved each other very much. My feelings are the bankers will be pictured as battered wives, and the customers as abusive husbands.



To: d:oug who wrote (85188)5/8/2002 2:21:18 PM
From: goldsheet  Respond to of 116823
 
<More indications that Barrick seeks to cover through S.A. acquisition or merger.>

Barrick dismisses rumors of Gold Fields deal
biz.yahoo.com
"These rumors are creative, but it's just somebody creating this stuff at home in their basement,"
Oliphant told reporters after the meeting.

Barrick cuts gold hedge position by 3 mln ounces
biz.yahoo.com