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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Enigma who wrote (2705)5/14/2002 8:22:02 PM
From: goldsheet  Read Replies (1) of 3558
 
The day ABX announced their 3.5moz find in Peru, all the other gold stocks were flat and Barrick went up about $US0.70. With 536 million shares out, that's $US375M or about $100/ounce for the 3.5 they found. Pretty respectable valuation for the additional ounces.
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