You are here

Citigroup analysts tell Barrick: Close hedge book, then stand back

Section: Daily Dispatches

By Dorothy Kosich
MineWeb.com
Wednesday, February 14, 2007

RENO, Nevada -- Citigroup metals analysts John H. Hill and Graham Wark urged Barrick Gold to aggressively reduce its hedge book or repurchase the entire hedge book, an action that "could be one of the most compelling re-rating catalysts in the metals industry."

* * *

For the full story:

http://www.mineweb.net/mining_finance/628738.htm

* * *

Help Keep GATA Going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at www.GATA.org. GATA is grateful for financial contributions, which are federally tax-deductible in the United States.