Barrick Gold (ABX +4.4%) shares spike on rumors the company has been approached by many...

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youngman442002 Comments (4972)
 
I´ll give 10-1 odds its the Chinese
14 Feb, 10:36 AM Reply Like

TDWelander Comments (368)
 
This is probably not the time to be selling assets. This is the time to solve the problems with those assets making their return competitive.

Buying other peoples problems is usually foolish; even though it almost never looks that way until the asset has been examined in detail over a year or more after purchase.

Stop wall street from calling any non financial shots. Core product decisions need to be made by in house management; especially anything that spills over into comparing assets; or nearly everything. Or wall street input needs to be kept extremely narrow with in house focus on asset comparisons to come up with the most accurate picture; prioritizing assets based on internal rate of return, I emphasize internal.
15 Feb, 09:37 AM Reply Like