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Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It 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. It has ownership interests in producing copper mines in Chile, Saudi Arabia and Zambia. Its 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
Comment by JohnDoughon Feb 24, 2007 4:28pm
268 Views
Post# 12304769

RE: Barrick's anemic stock price

RE: Barrick's anemic stock priceHey Guys (girls?) thanks for the posts. I feel just a little better, especially since you inspired me to pick a bottle of Laphroag this morning. I did some reading again and ABX seems to have solid Buy ratings on it with UBS jumping on that bandwagon yesterday. I broke the cardinal rule of intelligent diversification and put a few too many eggs into the ABX basket. Thats why when I see gold up a firm $22.00 and ABX doing nothing to reflect the bullish sentiment I just throw my arms up and wonder whats wrong with the picture. Maybe the institutional buyers that would normally be driving this sweetheart up are just away on spring-break vacation. My message to them: Grab your wife and kids, get your rump on a plane, come home and start buying.
Bullboard Posts