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TD Securities anticipates a “kitchen sink” Q2 earnings report from Barrick Gold (ABX...

TD 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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Comments (1)
  • TDWelander
    , contributor
    Comments (639) | Send Message
     
    Being much bigger, Barrick is much more insulated from one of a kind
    negative events, the most common these days, which hurt smaller company earnings in a big way such as Goldcorp..
    19 Jul 2012, 02:01 PM Reply Like
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