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Barrick stung by GATA's criticism of hedge book amid bid for NovaGold

Section: Daily Dispatches

8:55a ET Tuesday, August 22, 2006

Dear Friend of GATA and Gold:

Barrick Gold has accused GATA of trying to mislead the investment world about the mining company's attempt to acquire NovaGold Resources Inc.

Barrick's charge comes in an interview given to MineWeb's Dorothy Kosich by the company's senior vice president for corporate communications, Vince Borg, who seems to be claiming that the company's hedge book really isn't so bad.

You can find MineWeb's interview with Borg here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.