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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 13, 2013 10:25pm
228 Views
Post# 21251584

RE: The buyer and seller of 500 tons of

RE: The buyer and seller of 500 tons of

If the US actually had the largest holding of gold bullion in the world do you really think that they would let Goldman attempt to depress the value by shorting gold and encouraging others to do the same.

My bet is the US lacks the physical gold that they pretend to have and dumped much of it long ago like David Brown in the UK or David Dodge in Canada directed when the price was much much lower. . Yep, these wizards sure know how to lose value for the citizens. 

Interesting times for sure. 

Bullboard Posts