Post by
pulcan on Feb 16, 2022 5:21pm
WOOOOW Barrick Gold on fire!! MAJOR NEWS and get ready
hi all, Remember how i told everyone last year how 2022 will be very important for the precious metals and the minors to start the rush Q4 2021? Look at the news today from Barrick GOLD!!! $2billion in profits and this minor is on fire!! This is what we needed to start the new rush into the GOLD sector and this is where the minors move first. Also, Gold is making it a stable investment as we keep holding over that $1850 mark and we are going higher. The federal reserve is now in a corner and the rate hike will be a big one in March. As for Northwest Copper get ready for news that will be bundled up in one big news blast that caputres all the data we want on Stardust and Kwanika. So LOAD up at these prices in the morning if we have no news yet, as we are going higher in the GOLD sector. Also see the latest IGOLD ADVISOR youtube video from Chris on the latest move for GOLD, Russia and Ukraine. see link https://www.youtube.com/watch?v=Xunvqau5y8w. Remember no news on Northwest Copper is good news for us to buy shares at these lower levels. For those who are in the money hold for news and take profits and always pay off your debt. Nothing wrong paying yourself you deserve it if the drill results show high grades on Gold for Kwanika. I always liked the $1.50 range in this stock as a stable level. However, we can hit over $2 and Copper is still coming back almost $4.60 again and with higher rates we will pass $5 easily. What does that mean for the juniors like Northwest Copper? A major frenzy back into our sector as Mark O'Dea mentioned back in his November presentation we are not there yet when everyone starts the jump into the juniors excitment.
So get ready for news any day and see the link on the news from Barrick Gold.....https://www.thestar.com/business/2022/02/16/barrick-gold-raises-dividend-reports-us202-billion-profit-for-2021.html, Also, they are buying back $1billion in shares!!! https://www.theglobeandmail.com/business/international-business/article-miner-barrick-gold-announces-1-billion-share-buyback-posts-higher/
Comment by
yureja on Feb 16, 2022 7:21pm
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Comment by
gossamer6 on Feb 17, 2022 1:03am
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Comment by
bengy21 on Feb 18, 2022 2:07pm
Insiders hold approx. 20 Mio. shares. Two of them sold 155,000 shares in the last 6 months. Doesn`t look like an issue to me.