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To: techguerrilla who wrote (881)3/3/2003 12:15:54 PM
From: Jim Willie CB  Respond to of 1210
 
excellent discussion of hedging details
helped me to understand the financial balance sheet issues
either declare the losses, or take on more longterm debt
no other way, despite Barrick's denials
or else counterparty allows huge huge debt, carried indefinitely

/ jim