New Found Gold Corp V.NFG

RE:RE:RE:Bottom line with Crux

[AlwaysLong683]

goldenrivit wrote: ...... Barricks CEO called GBR "garbage" after looking at it.....

golden please provide a link to either an article or YouTube video were ABX CEO Mark Bristow called GBR "garbage".

Here's what he did say re. GBR:

However, a Fiancial Post article does state the following:

...Bristow...said Barrick is committed to not paying premiums for assets, and suggested other gold mining companies were overpaying....He was critical of Kinross Gold’s acquisition of Great Bear Resources, saying the $1.8-billion price ascribes a value that would befit a mine with eight million ounces of gold in reserves....“It’s a piece of ground, a prospective piece of exploration ground with some bore holes in it,” Bristow said. “And the market put an eight-million-ounce resource on it. That would make it one of the biggest gold mines ever in Canada. But it’ll take you eight years to actually start building it...”

I cannot find the word "garbage" anywhere in reference to GBR. Bristow likely did think K overpaid for GBR, but that doesn't mean he didn't want to aquire GBR at a lower price, Bristow did say he wasn't interested in acquiring K and I seem to recall Bristow mocking K, so he may have called K's assets as a whole "garbage", but not GBR.

Your turn - show us the source where you found Bristow stating that GBR is "garbage".

Also, I think Bristow is deluding himself if he thinks it will take 8 years for K to start building a mine at Dixie. Sour grapes in my opinion.

We get it. You like SBB. That's fine - to each his/her own. But I think they made a mistake in deciding to build a mine of their own instead of selling. Time will tell if I'm right.....