Typical example there - the hypesters had a chance to supply information that would support their purported position, and chose to supply vacuous rah-rah instead.
The poison pill release reads -
"To implement the Plan, the Board of Directors of the Company authorized the issue, on February 19, 1999, of one Right in respect of each common share of the Company outstanding to holders of record at 5:00 p.m. (Vancouver time) on February 18, 1999. For administrative convenience, the Rights will trade with the common shares and be represented by certificates representing common shares."
fin-info.com
So the rights apply to all, no matter when they bought, imho.
This little bump up could easily turn out to be a dead cat bounce, winter is coming in the Andes and time is on Barrick's side here. Good long-term hold, but short-term the long-side money's been made, imho - that's retail buying now .... cheers
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