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


To: Enigma who wrote (1132)4/7/1999 11:24:00 AM
From: mineman  Respond to of 3558
 
Big companies do make mistakes! Placer-Dome paid $260 mil for Mt. Milligan and it continues to be uneconomic each year they re-evaluate it. Barrick paid $520 mil for Bulyanhulu which they will probably put in production but it will only contribute very low or negative profits!

I am being given more information later today.



To: Enigma who wrote (1132)4/7/1999 9:00:00 PM
From: Fishfinder  Respond to of 3558
 
Just remember everyone. None of us really know who each of us are. One firm assumption that I make when reading SI is that if someone is posting continuos negative opinions about any one stock, I consider him to be shorting that stock. As far as here-say is concerned; I pay little to no attention to it, especially if it comes from someone I believe to be shorting that stock . Just a little reminder. Any of us who post on SI can be held accountable for what we might say. Scott