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Barrick Gold Corporation Message Board

  • macrocosmonaut macrocosmonaut Apr 22, 2013 10:27 AM Flag

    ABX - outperform - PT 40 US$

    I am recommending ABX as an outperformer with a PT of 40 US$ until end of the year 2013.

    Stock is valued below its assets and has one of the world largest gold deposits.

    The current stock price levels represents a historic buying level.

    Do your own due dilligence.


    Sentiment: Strong Buy

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    • I'd hold all my shares for $40. doubt we reach 25 by years end. the bankers killed gold prices. now they are downgrading every miner. they won't stop. shorts are making a killing at every rise. ABX needs to go to BHP and say " buy us out at $33 and we'll grow together to $50". That would end this bs game. I'm shocked that nobody has bid for GG, NEM, KGC or ABX yet

20.55+0.14(+0.69%)Jul 22 4:00 PMEDT