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.

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Barrick Gold Corp > Earnings

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Comment by CanadianKiaon Feb 18, 2021 9:04am

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Post# 32593993

RE:Earnings

So i wasnt wrong. some positives out of Q4 for sure, but you can already see the Price of Gold is already dropping Quarter over Quarter. This is going to get dangerous even though they have a lot of cash on hand.

i dont know if the SP will hold at this price 30-60 days from now.

IMO

CanadianKia wrote: Technically, they should have good results for Q4

what i wonder is who is going to pay these Share prices if the book value is 15-17 bucks and gold pricing dropping? Even Buffett took his money out to drop it into oil and other investments.

Again, expecting the results to be good, but i think the SP will continue to drag down.

IMO

GLTA