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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?


To: Andras who wrote (1388)10/13/1999 10:26:00 PM
From: Bob Howarth  Respond to of 3558
 
Noticed three things in earnings report, comparing this quarter with the one last year, as I was surprised they had same earnings per share in both.

1. average realized gold price down from 400 to 385 (-15).
2. Total production cost down from 254 to 246 (+8).
3. Betze Post Mine has a really bad comparison, both in ounces and in costs.

Without '3', would have increased earnings for sure.