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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 bigbank91on Feb 27, 2014 11:06pm
193 Views
Post# 22262050

RE:Aunt Janet has convinced me, I'm now a bull

RE:Aunt Janet has convinced me, I'm now a bullimo,
hyperinflation wont help the economy.
all it does is grow the wealth gap.
the worlds wealth gap is growing everyday low interest rates and MBS lending is allowed.
deflation is here next is jobs.

gold can get to 5k easy and grow from there as junk gold is raided.
gov only hope to stop the coporate losses and massive job losses is to hyper inflate and bank bailouts.
g20 meeting shows they are looking at growing the public sector.
this will only lessen the blow the real problem is still there and will be there for a long time.
getting savings into the 99% bank accounts will take years not day to day actions.

what i think might happen is very large investors are going to protect their money as they see there is no consumer left to risk money on. they do not want to share the wealth with everyone in a socialism kind of way.




Bullboard Posts