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Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican Republic, Mali, Tanzania and the United States. The Company’s operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.


TSX:ABX - Post by User

Bullboard Posts
Post by MinerPlayon Jul 05, 2016 8:25pm
259 Views
Post# 25025505

Best gold mine investment IMO

Best gold mine investment IMO
Successful hedge fund manager Paul Singer (Elliott Management) just owns one gold mining company.  Hints:  It has high-grade gold that will be mined with an open-pit.  It is producing underground now at it's main project but will soon get construction financing to build an open-pit mine.  It has multiple nearby exploration projects that are also high-grade gold.  The main project is in a mining town that has supported mining for many years and are excited about the upcoming construction.  It is fully permitted and the government is very supportive.   

It is Avnel Gold - AVK on the TSX.  It's a producer, a near-term producer, and an explorer in one.  It may be the most undervalued gold mining stock there is.  Check out the presentation at https://avnelgold.com/investor/investor-presentation/
 

Bullboard Posts