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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 ub4meon Apr 02, 2013 7:28pm
162 Views
Post# 21201441

RE: RE: CEO salary

RE: RE: CEO salary

This is better than the Canadian Tire Flyer.  Duh.....buy when it is on sale.  Look at all the deals out there. Everybody is on sale if they are mining gold or silver.  The regular take down out of New York is a poke in your eye with your own tax payers dollars Imo. The Canada Pension corporation owns lots of the good miners like ABX and YRI so the pain is being widely distributed.

The fundamentals haven't changed. The US is injecting $85 billion each month to stimulate the fake economy at the expense of destroying authentic supply and demand dynamics.

 

Lies and deceit eventually catch up with those who ignore the truth. The folks in Cyprus now know the truth about their banks and government.  The score will eventually be settled over time.

I am looking to load up on img, keep, abx, sw,yri,dgc.....and a few others.  I have been waiting for this opportunity and see it as a capitulation in owning miners. The feint of heart are throwing in the towel....and jumping into banks and other equities. Bad timing Imo. The miners are close to a trend reversal Imo. 

Banish fear and frustration and see the unique opportunity. Glta

Bullboard Posts