I view total findings a good basis for going forward and get mine back on track . A huge positive was certifying as acceptable the large liner below work area . Chile is more of an European type government and society where rule of law and facts do drive decisions. They support mining as large part of economy. This will be resolved and when gold goes over 2000 it will be considered worth the investment and risk.
I agree with your sentiments but gold doesn't have to go to $2,000oz to make this a very profitable venture even with the added billions in costs. Recent "all in" figures to breakeven are close to $1,000O oz. $1500-$1700 gold makes this a very profitable venture.
one analyst from toronto said for ABX to shut the PL project down to save 2B in 2013 and 2014. I agree. They will go cash positive they said. They have other mines. Tell Chile indians to go frock themselves and eat dirt instead of earning a paycheck.
Seriously, Net positive. This sets out a roadmap for completion.
The stock was falling everyday on uncertainty. The $16 million fine aside,
this ruling lays out what Barrick needs to do to get back on track.