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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 cqfdon Feb 13, 2013 5:58pm
252 Views
Post# 20984463

RE: Market is asking for

RE: Market is asking for

PM stocks are  not the flavor of the month... Actually, donno what is the flavor of the month ;-)

IMVHO, as long as gold drifts sideways and gold mines keep NR huge cost increases, PM stocks won't do well.

The good news is that increasing mining costs costs set higher floor prices for the metals :-)

Also, Japan is devaluating the yen, and the US, England and Europe print like crazy... That can't hurt PMs over the long run :-)

That said, I still hold onto my ABX shares !

Cheers

CQFD

Bullboard Posts