Post by
Nicksonsnowboar on Oct 25, 2023 12:42pm
Bto still #1
Unfortunately in the wrong direction. Only gold stock in negative territory. Plus a number of downgrades. Does it have the potential to hit a new 52 week low with gold hovering around the 2000 mark for an extended period of time?
Comment by
Slicklee on Oct 25, 2023 2:35pm
Yeah, something ain't right here..must be mali..
Comment by
Nicksonsnowboar on Oct 25, 2023 2:48pm
Dont think so. Barrick is heavily invested in Mali and its up approximately 2% today. Again. I know they are more diversified nevertheless it moves with the price of gold.
Comment by
Singoa58 on Oct 26, 2023 3:57pm
They are going to cut divy I'm told
Comment by
brewster123 on Oct 26, 2023 4:39pm
Nonsense - one of the lowesr cost producers with one of the best dividends in the gold mining industry. The dividend is well-covered and safe. Perceived risk in Mali is the biggest concern. At these SP's they should be a target for Barrick to buy them out.
Comment by
tootall123 on Oct 26, 2023 4:47pm
Just ignore this moron thing Singoa58 there brewster, it pulls everything out of its pie hole.. GOLD IS KING...
Comment by
Singoa58 on Oct 26, 2023 5:23pm
Mali is a huge massive diaster Strong short