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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
Post by Alucky_Oneon Nov 03, 2010 8:57pm
761 Views
Post# 17654269

Worth looking at

Worth looking atHi,

Just thought I'd shared these interesting facts about this very serious BC company that has very high grades Gold claims in BC and owns 17 Copper-Gold properties (844 mineral claims totalling 16,985 hectares) in the Minto-Carmack Yukon and the largest owner in the area. Right next to Western Copper Corp Carmack's mine and Capstone Minning Corp Minto Mine.

Strong points:
- Low share dilution - 81 Mil shares issued / 102.6 fully diluted
- Market Cap of 10 Mil
- Strong cash position; $2.1 million on hand.
- Long Term debt is NIL (they have no debt)
- Low price share - curently trading at 0.14$
- Awaiting 2010 results from two optioned partners committed to 2 Minto area drill programs in 2010
- Awaiting phase II high-grade gold drill results from past producing Engineer mine in BC
- Large amounts of insiders transactions
- $1.9 million 2010 exploration budget ($1.1 million to BCGold Corp.’s account).

- First world copper and gold focus with quality, drill-stage properties in 4 active exploration and mining districts
in B.C. & Yukon.

- Drilling on-going; 4 drill programs completed to date in 2010.
- Share Distribution

- Management & Directors 5%

- Institutional 34%

- Retail 51%

- Kinross Gold Corp. 10% (3rd largest primary gold producer in North America)


To view BCGold Corp.'s November's 2010
Corporate Presentation
Click here


Fact Sheet November 2010
Click here
Need I say more - https://www.bcgoldcorp.com

Good reading and GLTA

Alucky_one

Need I say more - Good reading and GLTAAlucky_one
Bullboard Posts

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