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.

TSX:ABX - Post by User

Barrick Gold Corp

Bullboard Posts

Comment by PUNJABIon Apr 17, 2013 1:34pm

167 Views

Post# 21266294

RE: RE: RE: RE: ABX big short at average $30.45

Technically a dead cat oversold bounce is over due. There is some forced selling taking place ETF & Mutual fund redemption. ABX is not just part of Gold funds & ETFS but other TSX & sub indices. Not just decline in gold but big decline in TSX will have some impact on the stock. There is lot of margin calls taking place. All this is addling to some panic selling.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week