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Gold/Mining/Energy : Barrick Gold (ABX)

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To: russet who wrote (2539)5/7/2002 8:18:31 PM
From: nickel61  Read Replies (1) of 3558
 
"Most of Barrick's resources, are still open. If you want to discuss any of these deposits specifically, we might have an interesting debate later because I owned Sutton, Pangea and Argentina Gold before Barrick attempted to take each one over (Enigma and I battled each other on the valuation of ARP and learned some respect for each other, at least I learned some respect for him (gggggggg)). I also went to school with several of the geologists responsible for the Homestake exploration programs at Veladero, Eskay Creek and others, and have seen many of their presentations and kept in touch. I also have talked to many of the exploration managers, technical people (from the drillers to the mine planners), and financial managers at Barrick. To answer your mine question, I have toured many mines, processing facilities, smelters, and exploration fields in North America. I have not seen Goldstrike in Nevada, but I did visit a few old mines in California and Nevada. I'm a member of both CIM and PDAC, and attend most of their annual conventions and many of their technical sessions."

I respect your experience. It is not significant whether you have been to GoldStrike, what I was not sure of was whether or not you knew mining. Obviously you do. I also owned Pangea, Argentina Gold and studied Sutton a little but never owned it. The junior sector was a focus of mine at one time. Now it looks as if it might play again. Should be interesting especially if the gold price brings the market back to where it was in the mid nineties.
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