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Barrick Gold Corporation Message Board

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  • obama_fraud_vote_mccain obama_fraud_vote_mccain Jul 17, 2011 8:26 PM Flag

    ABX vs gold

    At this point, if the choice is GLD or ABX, I’d have to go with Barrick Gold’s shares... Barrick was making about $1/sh per qtr... with the rise in gold prices, Barrick may make even more... all depends on the Equinox acquisition... currently, Barrick pays $.49/sh annual dividend; or about 1% yield. Given that Barrick’s stock hasn’t moved up along with the spike in gold, I would say ABX shares currently offer tremendous value.

 
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