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


To: mineman who wrote (1135)4/8/1999 9:03:00 AM
From: Enigma  Respond to of 3558
 
Well as someone said in a post to me maybe you're short this stock? Not that posts on this thread could have any impact on a company of Barrick's size. Someone I mentioned has copied all of your posts BTW and has sent them to a geologist who is very familiar with this area, so we'll see what his reaction is. You're making out that Barrick is a ship of fools, and while this is possible their track record does not bear this out. dd



To: mineman who wrote (1135)4/9/1999 1:15:00 PM
From: salva  Read Replies (3) | Respond to of 3558
 
Hello Mineman:

Want to comment on your posts on ABX-Sutton.

Firstly let me ask politely - What are your motives for coming into this site to attack the credability of Barrick, Sutton , and Kilborn
all in one time.

I have noted that of all your posts to date about 70 + posts or maybe
30% of your post were on NWI--its dropped from $3.00+ to $1.00.
Did you short and now what to build a case so that
you can short ABX or try to influence values of 'other plays around
Sutton? Are you working for anyone by chance? just asking politely!

Listen its ridiculous to suggest that Barrick did not due any 'DD' on
Sutton. You think Barrick just woke up one day and said 'lets buy
sutton'?
Are you aware that Brian Mulroney and Georege Bush are directors of ABX and that Mulroney made "two" trips to Tanzania in 98 ?
Do you think he went there on vacation!

No-mineman Barrick knew what it was buying in Sutton ---and by its own
admission said it paid 'a full price for Sutton'- so are you capitalizing on that statement and trying to build a short case? Just a thought?
Also I noted that you did not mention that Sutton had capped the work
on the 7.7 mill ox Buly find and announced a 1.1 mil oz find in another anomloy--just then Barrick makes its bid! I guess you believe
this to be uneconomical also?

If Barrick was 'stuped' why did they (according to you) compound their mistake by buying Rangold/Pangea reserves? Did they not learn their lesson? Are they that stupid? I dont believe so.

If your claims are true , why did Barrick not pull its offer off the table ? Or

Why does not Barrick sue ' Sutton and Kilborn' for possible collusion-or just fraud? You really believe Barrick was duped?

Barrick has great value in Sutton, has now bought Rangold/Pangea
will further develop Sutton, and will buy others CHEAPLY like
PGD / MDN the 'Tulawaka' play this year-just my opinion!

Look if you really feel so bad about this--spending suddenly so much time on this issue why dont you launch a class action against
all three ( Barrick / Sutton / kilborn ) because according to you
(exclude me ) as a Barrick investor you were frauded or by Barricks
lack of 'DD' - I do not subscribe to any of your claims. Sorry.
(If you are not a Barrick investor why are you spending so much effort
to prove that Barrick was stuped??? )

By the way, do you also believe that Ashanti also got 'duped' by
Samax when they bought them? Samaxs' geology was the same!

You see I am ( and others) are puzzled by your claims

Just for the record because of other priorites, I will not become engaged in this issue with you. Maybe a Barrick employee could respond to your claims.