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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Robert who wrote (283)12/26/1997 2:19:00 PM
From: D LEE  Read Replies (1) of 3558
 
??Barrick's agreements with Junior Canadian Mining Companies??

some nice news:
biz.yahoo.com

Wednesday Barrick announced that it has completed
the regulatory filings necessary in order to
start their 10% share buy-back program.
(This is planed to take place over a 1 year time peiod.)

Quite a statement of confidence, here. Good added demand
and a stronger long term position for the company itself.
Barrick should weather these pog changes with ease.
They are demonstrating how a fall in the pog
can be taken advantage of.

However:

I would like to know any news about Barrick's new intensions
and progress (or changes) in development and exploration
on canadian soil, "specifically where they have
partnership agreements with any "junior mining companies."

If you folks know of any sources for this information
please let me know. They do not seem to cover this topic
on their web page.

thanks, dave
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