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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 TrumpSavageon May 04, 2020 11:26pm
203 Views
Post# 30986385

Chances of hitting $50?

Chances of hitting $50?So it looks like we're getting closer to the rug being pulled from under all the dumb money that just bought up the stock market over the last number of weeks. The only 2 options I see now are going all cash or diving into gold. However I've seen the recent pump up on ABX and I'm a bit hesitant to jump in just before earnings. The way it's moving though makes me wonder if it will hit $50 again in the short term. The macro drivers all seem to be there. Seems like a no brainer investment but I'd like some feedback from anonymous people on the internet. Feel free to enlighten me on your reasons for sticking around. Penny flippers can stay away. Thanks.

Bullboard Posts