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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (34073)12/3/2003 6:48:24 AM
From: jrhana  Read Replies (1) | Respond to of 36161
 
A way out for ABX?

<Ultimately, the whole Barrick position can be rendered moot in a deal that finds or buys a lot of new ounces. Gabriel Resources [GBU] is one option that remains on the market radar as a very likely takeover candidate, especially because Munk’s real estate investment company, Trizec-Hahn, has a subsidiary in Hungary that is developing projects in Romania>

mips1.net

Of course that makes the most sense. Buy up some cheap ounces in the ground and dilute the effect of the hedge book.



To: jrhana who wrote (34073)12/3/2003 7:19:32 AM
From: TheSlowLane  Respond to of 36161
 
I almost asked you that last night (about Kudlow & Cramer's shorts), but decided it would be bad mojo (like chest-pounding on GPM). However, 1.21 Euro is going to harden the floor at 400, imo.



To: jrhana who wrote (34073)12/3/2003 9:49:14 PM
From: terry richardson  Read Replies (2) | Respond to of 36161
 
jr: Can't stand K&K... in fact I limit my watching to Bloomberg with the sound off most of the time.

Regret couldn't reply before due to server problems.

T.


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