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

To: russet who wrote (2983)	5/21/2002 8:15:20 PM
From: nickel61	Read Replies (1) \| Respond to of 3558

I have read them, and have for over twelve years. What is new? The true significance of what they are doing even you and I agree on. The question is why do you think a good plan for yesterday is good for today or tomorrow? It hasn't been working for two years now and it will soon be tested dearly.

To: russet who wrote (2983)	5/21/2002 10:49:57 PM
From: The Barracuda™	Read Replies (1) \| Respond to of 3558

When are you going to read Barricks Financial statements Who read Enron's or Global Crossing's?

To: russet who wrote (2983)	5/22/2002 5:32:13 AM
From: nickel61	Read Replies (1) \| Respond to of 3558

The market will prove it as Barrick's hedge book posts the $21 million loss per $1 dollar increase in the price of gold that is as of today in the last six weeks $210,000,000 more loss in Barrick's hedge book since they reported their quarter end March 2002 reported just two weeks ago!!!!! The gold price in their projections was $308/ounce now this morning it is $318/ounce Quarter Billion dollar loss here a Quarter Billion dollar loss there and eventually it all adds up to real money. So you are willing to never post again once Barrick implodes? I will take that bet.,