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


To: The Fix who wrote (659)7/22/1998 11:09:00 PM
From: Aloysius Q. Finnegan  Read Replies (1) | Respond to of 3558
 
Yes I have been following the price of gold. And yes, the earnings do seem 'fabulous' given market conditions. But I'm still waiting for an answer to my question. If their earnings were all that great ... why the poor showing vis-a-vis the likes of Newmont? The day after Barrick reports these 'fabulous' earnings, NEM is up 2 1/4% while ABX is up only 1/3%. The only response of the market appears to be a stifled yawn.