Post by
xyz_trader1 on Feb 16, 2022 1:02pm
Veladero Mine owned by Barrick Gold
did some research from Barrick Gold website.
The Veladero Mine owned by Barrick Gold and Shangdong (50%) has been producing
since 2005. Since 2005 to 2017 it has produced 11.3 MILLION ounces of Gold and 155.3 million
ounces of Silver. And it has about reserves fo 5.63 million ounces of gold and 100.8 million ounces of silver left. (as of 2017). see Barrick gold technical report.
and as of 2020 the mine is still going and mine life extended to 2030 and beyond.
Note Taguas (ORV) is just 24km away from Veladero. I think Nergy said Taguas
is shaping up to be a 10million ounce deposit. looking at Veladero numbers i think
this is quite possible in future.
xyz
Comment by
Deepvalueminer on Feb 17, 2022 10:13am
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Comment by
greendayyyy on Feb 17, 2022 2:30pm
Deepvalueminer............I would like to sell them but how to liquidate 100,000 shares when the average volume is less than 30,000 per day. Nice day for me today I sold 15000 shares of IMG and 20000 shares of YRI with a return of more than 28%. At least there is volume on majors to sell them.
Comment by
greendayyyy on Feb 17, 2022 2:47pm
Back again. What a day. I just liquidated 30,000 shares of CXB buy at 1.12 sold at 1.38. By the way after 35 years in the markets today I am having fun without stress. Will be my last post here.
Comment by
Deepvalueminer on Feb 17, 2022 5:07pm
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Comment by
Deepvalueminers on Mar 03, 2022 12:23pm
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Comment by
Deepvalueminer on Feb 17, 2022 5:06pm
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