Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: russet who wrote (2654)	5/13/2002 5:12:44 AM
From: nickel61	Read Replies (1) \| Respond to of 3558

Wrong caballero! hombre...I never said that. I think their balance sheet could take a major hit if they don't cover their gold hedges and I think shareholders will likly replace management if they stay fully hedged in a major gold price rally but I don't think they will go under anytime soon. Unless their hedges are not as pure vanilla as you and Enigma keep telling us they are. The problem with a complex hedge book and a management that tries to hide what they are really doing from the shareholder is you never really know what your risk is. We are pushing to find out. We will see what we are able to discover. Would either you or Enigma like to threaten us with legal action again from Barrick if we keep asking? I wasn't aware you were authorized to act for Barrick or it's management. But if you are I would be happy to hear the complaint. If you are not authorized to pursue legal action against shareholders and investors for trying to understand a complex financial structure, then I suggest you keep your pompous threats of retaliation to yourself.