Barrick Gold Corp (USA) (ABX)
A gold mining company in the world in terms of production, reserves and market capitalization.
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Gold is on the rise
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2/30 in Gold -(63.7@B+/A+)
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BECAUSE THEY HAVE A LOT OF GOLD!
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WHEN THE RECCESSION IS OVER THIS WILL BE ONE TO OWN..
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development of the Southamerican and South African mimes are moving along and prodution is increasing. Inaddition there Debt is being payed down.
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Just seems to be best value in mining stocks and price has been flat for over a year. Betting on a bump up soon.
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Gold is going to the moon
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Invest in Gold
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Will do later...
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Gold is ready to take it's turn at the run. Likely topping $1000.00.
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largest gold miner in the world....valuation is very cheap at $ 30 or below...has stream of income for copper and gold...recently removed hedges for pricing of gold to go to spot pricing, potential 2x revs with spot pricing.
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Buy at $23. average $42 1/08-8/08.
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GOLD vs.. the dollar....hmmmmm....
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strong gold reserves, new mines coming on line soon

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