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


To: Ken Benes who wrote (3067)5/29/2002 12:45:06 AM
From: russet  Read Replies (2) | Respond to of 3558
 
Now we agree on something,...I think. Lassonde is a stock promoter, a gambler, and a stock speculator,...I too question his mining expertise. And his big bet is on the POG,...but he is staying hedged on gold, and in no hurry to cover after the deal went through.

I also notice that posters that have owned businesses like me, are quite envious of Gold companies abilities to lock in revenues for 3 years or more. If I knew I would make x dollars per year for the next 3 years or more, 80%+ of my work is done for 3 years,...I no longer have to worry about marketing and customers. All I must do is manage costs, and in a low inflation environment, that is a joke.