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Message: barrick to buy back gold hedges

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Buckshot26

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Re: barrick to buy back gold hedges

in response to barrick to buy back gold hedges by aitakahashi

posted on Sep 08, 09 09:53PM

first thing I thought when I saw this earlier was didn't they already take care of their hedges... I mean we all know they didn't but I could have sworn they made an announcement a year or two ago that they were cleaning themselves up. Anyone have that NR handy? I would love to see some shareholders sue those pigs for being mislead. On that note, whose to say they have enough cash with this secondary offering to cover the costs, I mean are they raising enough to buy it all back at $1000, $1100, $1500? As usual the evil pos are vague. Barrick has always been and remains to this day a do not touch in my books.

Buck

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