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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: d:oug who wrote (92677)1/17/2003 8:03:08 AM
From: d:oug  Read Replies (1) | Respond to of 116788
 
GATA Walk (or) Seeing is believing: hedged v. unhedged
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Source: groups.yahoo.com group gata
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message 1390
Seeing is believing: Hedged vs. unhedged gold mining companies
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Dear Friends of GATA and Gold:
.
A friend asks for a chart comparing the performance of the shares
of hedged and unhedged gold mining companies....
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As for hedged companies, who else but the infamous Barrick Gold,
whose share price today is actually lower than it was a year ago,
despite gold's tremendous rise?
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The difference is more than 100 percent.
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So this chart may be most instructive:.....
.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.