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


To: Ken Benes who wrote (3346)1/21/2003 9:35:42 AM
From: Enigma  Respond to of 3558
 
I guess you're off to tour 'the minefields of the world' yet again? Please report back as we are waiting with baited breath! When one boils down your argument about Barrick and its disclosure it amounts to this - there are parts you don't understand, contracts that you haven't read, and, ipso facto, they must be lying? After all Enron lied so Barrick must be lying too - the old ploy of guilt by association.



To: Ken Benes who wrote (3346)2/2/2003 4:10:54 PM
From: The Barracuda™  Respond to of 3558
 
I always thought ABX's hedging programme would cause some type of novanic LTCM blow up; instead it appears that abx will be destroyed slowly, like the growth of mildew in a dirty bathroom.



To: Ken Benes who wrote (3346)2/12/2003 12:32:48 PM
From: The Barracuda™  Respond to of 3558
 
Oh no!

Analysts said the decision to replace Oliphant was not a surprise for Barrick, which issued an unexpected profit warning in the third quarter, and faces a string of mine problems, an anti-trust lawsuit, and an income tax dispute with Peru

Unexpected profit shortfall?? Mine production problems?

Hedge's anyone?