Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: bill who wrote (986)	2/21/1999 2:59:00 PM
From: virginijus poshkus	Read Replies (1) of 3558

bill, a very quick capsule of the buying binge. sutton has 8.8mm ozs , maybe not all proven but they will be and they have a great nickel project to boot. you are looking at a 15 Plus years of production for both the gold and nickel. abx bought cheap at only 40 bucks or so an ounce. this makes sense to them. btw , i sold my sttzf to the arbs on thursday and am now looking for the next take out. possibility of img.to. however, the stk has moved up from $2.50 and $3.50 of late, but this is another low cost mine. the cheapest baby out there now based on production and costs amongst the majors in mho is asl. vargas

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