Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Re: Barrick Issuing $3 Billion in Shares
Reply New Message
Back To Forum List View
Icon president Barrick Issuing $3 Billion in Shares
1
NorthLion
Sep 08, 2009 06:22PM
Re: Barrick Issuing $3 Billion in Shares
4
tidbits1
Sep 08, 2009 06:47PM
Icon president Re: Barrick Issuing $3 Billion in Shares
4
Lunch Meat
Sep 08, 2009 07:02PM
Re: Barrick Issuing $3 Billion in Shares
1
rookieprospector
Sep 08, 2009 07:07PM

2 of those banks are 18 million ounces short of the 26.5 million short position on gold and Barrick's gold in the ground is probably the only way to deliver.

...but selling back 3M oz would INCREASE their short position, no? Doesn't that increase the bullion bank's exposure?

3 Recommendations
Icon president Re: Barrick Issuing $3 Billion in Shares
2
Hotmuck
Sep 08, 2009 08:54PM
Re: Barrick Issuing $3 Billion in Shares

Deliverator
Sep 08, 2009 08:59PM
Icon president Re: Barrick Issuing $3 Billion in Shares
4
Lunch Meat
Sep 08, 2009 09:15PM
Reply New Message
Back To Forum List View
Share
Share
New Message
Please login to post a reply