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TD Securities anticipates a “kitchen sink” Q2 earnings report from Barrick Gold (ABX...
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Thursday, July 19, 2012, 12:29 PM ETTD Securities anticipates a “kitchen sink” Q2 earnings report from Barrick Gold (ABX +1.8%) next week, watching guidance on the major Pascua-Lama project, whether ABX maintains its long-term production target of 9M oz. by 2016, and a first look at new CEO Jamie Sokalsky. TD prefers Goldcorp (GG +3%) because of its stronger growth profile.
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negative events, the most common these days, which hurt smaller company earnings in a big way such as Goldcorp..