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 Inca2020on May 07, 2020 3:44pm

88 Views

Post# 30999715

RE:RE:RE:RE:RE:Abx _ use you margin

I hear you on that

RosewoodRooftop wrote:

Inca2020 wrote:
Listen I, not betting my life on it, I saved that for BTO.. and its a haymaker. I guess my argument is if you have 10-20k you're not concerned about I think its a good gamble. Its personally my favorite one. Its certainly not WM which has done amazingly this year.. I've been in Balmoral and Wallbridge for over a year now but... lets revisit it in a year.

My broker put me on to PUC and heres why I like it.

1) It's tiny
2) I like management and the've lived up to their promises 100% every step of the way
3) Insiders self finance and all have skin in the game
4) Cashed up... Just did a private placement during the worst of times at 100% premium to market price @ 0.08 cents when it was trading at 0.04. Someone must like what they see
5) All compensation via options is well above current levels
5) It was at one point mined at grades that were profitable in the 80's/90's
6) Theres a ton of potential and no one knows about it
7) Own all concessions around the former producer
8) Hired all geologists that originally descovered the producing mine who think theres tons more at depth
9) Government stands behind them
10) Won bid amongst many others (much more powerful players) to take claim.

I'll be quite honest I parked a large position (relative to that market cap) into it in the markets at 0.04 cents so I may be biased. by far my favorite small dog play.

RosewoodRooftop wrote:

Inca2020 wrote: Since we're on the pump train. Buy PUC.. the ultimate in small dog category

Rustyred24 wrote: Buy wm or bar ! Big play in detour area new big high grade gold mine !

200 m shrs out, lost 1.8$m usd in last yr, and has no cash or liquidity.

Bit of a dog there partner. Not worth the trouble.

rosie

To each his own Inca. Ive played the jrs all my life but looking back I would have been much farther ahead sticking to solid companies. Best of luck though.

Rosie