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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Enigma who wrote (1150)4/12/1999 11:16:00 AM
From: mineman  Read Replies (1) of 3558
 
DblD, the only possible reason that Barrick released Sutton's "promotional" numbers instead of Kilborn's "ore reserve" estimates together with their own assessment is that they never did a detailed calculation on their own but rather trusted Sutton's "promotional" numbers.

So it seems the reason Barrick will not release their own calculation is they have not done one!

With questions about how much of the main vein is economic at $280 per ounce gold one would think they would release some numbers. We shall see!
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