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To: Enigma who wrote (33183)5/5/1999 10:19:00 AM
From: The Barracudaâ„¢  Respond to of 116759
 
COMEX Floor trader at Kitco is trying to get a meeting in NYC, if interested, e-mail Glenn;

Date: Wed May 05 1999 09:25
glenn (KITCO Meeting) ID#423288:
Only 38 days away! Put it on your calendar. Kitco NYC meeting.
Saturday June 12th at 2:00 pm. I have a location in mind which I shall be talking to the manager this week.
I've received E-Mail from at least 10 different people so far! It's going to be great. Spread the word and be there.

Glenn

auag@hotmail.com

Return to Kitco Homepage
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To: Enigma who wrote (33183)5/5/1999 10:20:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116759
 
that lifeblood is drying up...Munks actions have helped it ..how do you defend your position about "completely off the mark"..
ps thought you asked bill murphy some excellent questions..wish he had answered



To: Enigma who wrote (33183)5/5/1999 12:03:00 PM
From: Zardoz  Read Replies (4) | Respond to of 116759
 
"with respect - completely off the mark - Barrick hedges - period - they are not interested in 'bankrupting small companies' - small companies are the lifeblood of the exploration business."

Go back and reread the ARP thread. Remember they walked on a great play. So do you really believe the second part of your comment is correct? Now how does a rising gold price affect a hedged position, {even Barricks exclusives positions}

Message 9332771

Does ABX and other hedgers expose themself to lower returns if gold blasts off? After all Hedgers are not pure plays. Even ABX limited hedged amount should have been significant to blow the amount hedge funds have short.

PS: Unrealized profits from hedges are not profits.
Catch that rise in Euro today?