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


To: Enigma who wrote (3391)2/19/2003 10:09:28 AM
From: Ken Benes  Read Replies (2) | Respond to of 3558
 
Is it poor operating results or has the calls needed to offset their short positions drained the corporate till. The premiums on those calls were richly priced in a rising gold price environment. It is nice to view derivative positions gone awry bowl over the barrick dream team.
Markets don't lie and they read the story right leaving barrick as a has been relative to other gold producers.

Ken