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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 Sinbobon Jan 11, 2019 5:18pm
77 Views
Post# 29221243

Slow day ...

Slow day ... I kind of figured the recent share price of ABX was forecasting a dip in the price of gold. Sell the shares with no shares, then buy them back at lower prices. Wish we could do that. This is old hat and the usual suspects abound. So, the bottom is here or near and they will buy back ABX as gold dips forecasting positive gold price action in the next week or so. Nice gig. After that many expect a very nice rally . After all, the powerful ones are in bed with ABX. We have to watch what they do. One can only imagine the quagmire ongoing in the teetering gold ETFs.
Bullboard Posts