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


To: goldsheet who wrote (2817)5/17/2002 6:52:53 PM
From: Enigma  Read Replies (3) | Respond to of 3558
 
I guess he'll have to forward your response to one of his mentors in order to provide you with an answer?



To: goldsheet who wrote (2817)5/18/2002 8:44:23 AM
From: nickel61  Read Replies (5) | Respond to of 3558
 
Well Bob when you sell something you borrow it is still a short simply not a naked one. And it does tend to put a downward pressure on the current spot marktet. This is not a minor reason why the spot price of gold has declined so much in the last six years. Do you not agree?



To: goldsheet who wrote (2817)5/18/2002 9:53:23 AM
From: nickel61  Read Replies (3) | Respond to of 3558
 
With regard to your prior post..what a tangled web we weave when first we practice to deceive. Barrick might well be staying with it's hedge program not because it wants to but because it already knows it is too late to consider covering. Witness the ridiculous logic of the Aurizon Gold management. We are going to cover when we can do it at a profit...HAH! They will cover when gold hits $350 US and do it in bankruptcy court.