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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 wavepsycheon May 17, 2013 12:49pm
98 Views
Post# 21409617

RE: RE: same hedgie puke job as 2008

RE: RE: same hedgie puke job as 2008

Lestat - Thanks for the link ... good to keep handy.

Unlike 2008, margins were never that high. When the Fed starts QE reductions, despite carefully crafted language stating they stand ready to pump if needed, the markets will puke in epic fashion. This will present us with again with 2008-like opportunities for everything, including PM stocks. For now it looks like the PM sector gets the preview.

Stacking lots of cash and getting ready with a long buy list.

jmho dyodd glta
 

Bullboard Posts