$15.8 Billion Debt, Profit margin (-71%) Book value $13.50/shr
At 17.25 a share, ABX is still 27% overvalued.
Debt burden and executive pay is highest in the
industry, profit margin is the Worst. This is a loser stock.
Chart looks like BBRY, only difference is, BBRY]
has cash balance, ABX has huge debt balance.
More like $3.50 a share. Do you know how many Spanish Conquistadores died in the Pascua mountains trying to get to that Inca gold? That gold is cursed. The way ABX stock has been acting, it also has been cursed.