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Could Barrick cover short position of 23 million ounces even if it wanted to?

Section: Daily Dispatches

11:19p ET Wednesday, May 1, 2002

Dear Friend of GATA and Gold:

You gotta love Goldcorp's press release today about
its quarterly report, quite apart from the report's
outstanding numbers. Note especially the company's
treatment of gold as money, its holding gold as
money in its treasury, and its shouting: quot;We don't
hedge!quot;

You can find the press release here:

a href=http://biz.yahoo.com/prnews/020501/to064_1.htmlhttp://biz.yahoo.com/prne...

CHRIS POWELL, Secretary/Treasurer