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To: Gord Bolton who wrote (33747)	5/12/1999 4:48:00 PM
From: donald martin	Respond to of 116767

<<They, like anybody else, could simply buy back their forward sale>> They don't even have to do that. They could simply deliver what they mine when the contract comes do. As far as all those people who think they can "simply buy back their [forward] sales", there's an awful lot of shorts out there. When you say they could simply buy back their forward sale, doesn't that imply that there would be liquidity? How are you going to buy if the exchanges have to close from being "limit up" 5 minutes into trading several days in a row? I never stated Barrick could lose on future price increases. Did your last post get addressed to the wrong participant, perhaps?