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Gold/Mining/Energy : Barrick Gold (ABX)
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To: nickel61 who wrote (2483)5/2/2002 5:58:46 PM
From: Enigma  Read Replies (1) of 3558
 
I think there is a realsiation by the market that Barrick's reserves will increase. At these high levels of production just standing still on reserves is some feat. So reserves growth can be achieved through mergers and acquisitions or through internal growth with no dilution - and this is what we're now getting a peek at. In fact we've had both - the Homestake acquisition and now Peru.
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