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Barrick Gold Corporation Message Board

  • jkl260 jkl260 Jul 17, 2011 5:27 PM Flag

    ABX vs gold

    ABX split from gold about 3 months ago looks like its coming to and end. All I can say is ABX has some serious ground to recover. Im looking forward to return to corolation with gold advances

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    • 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.

    • A la BRE-X or ENRON

      More like it.

      Be serious, ABX is loosing its largest Gold Silver Copper asset in the doctored books, you see it going up in price?

      are you blind or crooks?

      nevertheless, cynics are often found close to every stock collpase, this is no different.

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