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Barrick will keep hedging at least 9.5 million ounces
Submitted by cpowell on Fri, 2006-08-04 11:39
Section: Daily Dispatches
11:30a ET Friday, August 4, 2006
Dear Friend of GATA and Gold:
On the basis of Barrick Gold's Thursday conference call with financial analysts, MineWeb's Dorothy Kosich reports that Barrick does not intend to close at least 9.5 million ounces of the 13 million ounces remaining on its hedge book. The MineWeb story also includes comments on Barrick's bid to acquire NovaGold. You can find it here:
http://www.mineweb.net/gold_silver/872674.htm
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
