TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (13762)	11/10/1999 8:15:00 AM
From: Mr Metals	Read Replies (1) of 150070

Barrick Gold Corp - Globe says Mulroney wins big with Barrick options Barrick Gold Corp ABX Shares issued 393,441,366 1999-11-09 close $26.6 Wednesday Nov 10 1999 The Globe and Mail reports in its Wednesday, Nov. 10, edition that former prime minister Brian Mulroney, a lobbyist for Barrick Gold, showed masterful timing as he exercised options on 62,500 share Sept. 27 and resold them on the same day to make a profit of $765,750. A Bloomberg News dispatch to The Globe reports that that Monday, Barrick shares soared to a high of $35.50 -- its highest price in more than two years -- up from $29.90 on the previous trading day. The surge occurred on news that Europe's central bankers had agreed to impose limitations on gold sales for five years. The shares were exercised at a price of $22.55 each and resold at prices ranging from $34.45 to $34.75. Mr. Mulroney is a Barrick director and chairman of its international advisory board. He still holds options on 687,500 shares. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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