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

To: nickel61 who wrote (3189)	10/26/2002 10:52:17 AM
From: loantech	Read Replies (1) \| Respond to of 3558

nickel61 and Russett, As I ride around in my Crown vic (remember Russett) I have been waiting months to see how the battle between you 2 titans turns out. I have wanted to lean towards nickel's arguments and the fact that at least in the last year or so NEM's share price has done better than ABX it would seem that the market prefers NEM also. Seems to me with as little as I know, how can you always sell something (hedge) for more money in the future than spot year after year? But I am showing how little I know here.Alos all this hedging seems so much more confusing than a farmer hedging his wheat crop against weather changes. So I weigh in on the side that something is stinky with ABX. Tom