RE:RE:Looks like we re-test 5yr lowThey clearly are stupid enough. The latest example? Abx selling royalties for 60 million? Wtf is abx doing selling royalties? They need the 60 million that badly? Did they sell to a board members idiot nephew? Or a cousin of one of the many 3rd world tyrants they deal with? Just plain stupid. They should be BUYING royalty streams, like the huge stream opportunity SBB just financed. They could have asked for a big pot of warrants attached to it in exchange for overly favorable royalty terms. That's the kind of smart deal someone like munk would have pulled off. UGH.
PianoMan wrote: Might be Barrick short selling SBB.