RE: RE: RE: RE: RE: GOLD WARS: BARRICKon your comments about barrick knowing the gold direction.There was a guy on BNN today that said Barrick is a " dumb Gold company. They are pretty big and started from scratch ,so I would not say dumb. Too the point,if Barrick thought gold was going down ,they would see benefit of doing the share sale,now buying back the hedges, if they thought gold was going down ,they would wait and unwind or buy them at lower prices,so I think , barrick believes gold is going up ,gold to 1500.00 could in theory on paper, bankruptct them ,because there liabilities would exceed there assets.Gold is only worth a thousand an ounce when its in your hand, in the ground it can be worth anywhere between 5 and 400 dollars an ounce. ( depending on many different things) Also ,something I kind of find interesting,they announced the share deal ,hedge buy back today...yesterday,the deal with silver Wheaton...which in my opinion is hedging -forward selling your silver production.So in fact , barrick is going long on gold and short on silver, or selling the silver to buy gold...thats what it boils down too...also some believe (GATA among others) that barrick is involved with J P morgan and goldmans sachs, thus involved or participating in the gold price suppression.I don,t know ,but with sp many better companies too invest in ,I would stay away from Barrick... so too wrap it up ,barrick believes in higher gold prices, should have bought there hedge contracts long ago.