Barrick buying EQN
Something to ponder, Barrick buying EQN. Why would Barrick whom is seen as a pure gold play divest into copper. As a pure gold play they get a premieum on their SP. Copper prices has to be in the 3.70c range for them to make cash from the purchase.
We may see more big pure gold plays divesting into copper, which in most peoples view will trend higher for the next 5 to 6 years.