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 > barricks nightmare continues !

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Comment by mrinvestoron Feb 19, 2021 12:38pm

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Post# 32610548

RE:RE:RE:RE:RE:RE:RE:barricks nightmare continues !

Q4

3.2 billion in rev, pay off debt, increase pay out ect

Since October 2020

-5.3% decrease in gold price

-34.2% decrease in Barrick share price

-inflation has started and is a friend to Gold

-DXY continues to devalue

-bitcoin is approx 3% of the financial market globally

-negative real yield rate poised to get worse

-there is a huge shortage in all precious metals

Buffet left because the stock price has been falling. Does he know why??

Mark Bistrow was on BNN yesterday however he wasn't asked nor did he comment about the falling share price, I'm sure and other gold miner CEOs are frustrated

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