Barrick Gold Corp T.ABX

Alternate Symbol(s): GOLD

Metals & Mining 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.

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Barrick Gold Corp

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Comment by Valentine_MSon Nov 02, 2012 10:15am

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Post# 20554400

RE: RE: RE: RE: $44.74

I think it will be going down till the next support level, ~$33.50 before it goes back up.

I am still considering buying as I am looking for some long term stuff to balance my mostly short term stuff in ETFs and if they get thier act together they should be a cash machine and the price is getting the cr*p beat out of it and it will likley over-react, but I think till there is a support point there is nothing but downside.

Be back later, a month or so I'd guess.

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