At least two Barrick Gold (ABX) insiders think their company's shares are a bargain, as new CEO...

|About: Barrick Gold Corporation (ABX)|By:, SA News Editor

At least two Barrick Gold (ABX) insiders think their company's shares are a bargain, as new CEO Jamie Sokalsky bought 50K shares on Aug. 3 at $32.59 each and a director bought 100K. Their purchases came just days after ABX missed Q2 estimates, cut its production outlook and revealed capital costs at its Pascua-Lama project may have hit $8B.