6500s long at 32.23....gold will have to take a serious dip here...and then we'll see 30's.
staying with it I'm trusting these price levels..believe they hold
Barrick problem is Pascua Lama.
ABX is not stupid.These governments(incl Dom Rep) where they do business also are invested in the success of the mines.These charades about trhe contracts are for the public`s appeasement
Rent a copy of Zulu with Michael Caine, just another day in the mines.....
they just had the dominican minister of mining on cnbc...he was very friendly towards business. I think this price action is regarding a write down on another mine investment...equity is getting repriced for now.