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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
Post by DBNORTHon Jan 02, 2015 11:15am
332 Views
Post# 23279659

Very Negative

Very NegativeI hate to go against the concensus but are we really going down to $9.  I hope not since I bought some 8000 shares at 12.25.  And I guess you will be further depressing me with the news that The dividend will be cut.  A 1.8% yeild isn't too bad these days.  Everyone tells me they have a lot of gold in the ground.  But at $700 gold,  I guess that doesn't mean much.  This beast has been a wealth destroyer well beyond the norm.  Yet another victim of management no doubt.  Time to do some research on the new guy.  Very negative sentiment here, yet, every dog has its day.  I never go short - long and building my position.
Bullboard Posts