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Bullboard - Stock Discussion Forum Moly Mines Limited T.MOL

TSX:MOL - Post Discussion

Moly Mines Limited > Barrick's mines !!!!
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Post by Zorro99 on Oct 31, 2013 1:37pm

Barrick's mines !!!!

You say : ''David's background that they are considering the two gold mining operations that Barrick has for sale in Australia - the ones I commented on back on Sept 25th?''

Reply : Do you really think that buying Barrick's old mines is the right way to go ????
After all, If Barrick is selling them...doesn't that tell the story ???

Please advise if you think that I'm wrong here with my thinking !!!
JMHO
Comment by OnDaBall on Oct 31, 2013 4:15pm
Don't know why they were selling them but hopefully David would know if there was any value in it. Of course, Barrick is trying to get rid of their less profitable mines, but their less profitable mines might be profitable to others who have a contract/iron ore body running out in less than a year. Just saying, but I do know what you are saying too.
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