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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 rcoonon Nov 13, 2012 12:16pm
255 Views
Post# 20593711

RE: RE: img

RE: RE: img

Some think that financial institutions may collapse and steal your shares in order to recapitalize.

So if you DRS your shares they are now held in your name and your financial institution has no access to them.

Also, dividend cheques come right to your mailbox which is nice.

In my opinion you should DRS some shares and allow others to remain at your financial institution.

you should also bury some gold and silver in the ground in case things get real bad.

i am in the process of DRSing some of my abx and img shares right now.

costs 56 bucks a pop in canada.

Bullboard Posts