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A Chilean court reportedly suspends Barrick Gold's (ABX) controversial $8.5B Pascua-Lama project...

A Chilean court reportedly suspends Barrick Gold's (ABX) controversial $8.5B Pascua-Lama project after indigenous communities protested over environmental concerns. ABX says it has not been notified of the decision by the court. ABX -2.8% premarket.
Comments (7)
  • montclairace
    , contributor
    Comments (17) | Send Message
     
    ABX IS TURNING OUT TO BE THE BIGGEST PIECE OF JUNK ANY ONE WOULD WANT TO HOLD IN A GOLD PORTFOLIO- NO WONDER MUNK IS GETTING OUT
    10 Apr 2013, 10:48 AM Reply Like
  • Mccarthy31
    , contributor
    Comments (36) | Send Message
     
    This is a huge investment for the company and will hurt them badly if its shut down. Could affect $SLW, too.
    10 Apr 2013, 11:14 AM Reply Like
  • doctorslernon
    , contributor
    Comments (54) | Send Message
     
    ABX is absolutely killing me. They can't get anything right. Pretty sad how badly they've bungled Pascua-Lama between the monster cost overruns/delays and now this. Surprised there hasn't been an activist uprising yet.
    10 Apr 2013, 12:11 PM Reply Like
  • Terry Rowe
    , contributor
    Comments (171) | Send Message
     
    It's time for us Barrack shareholders to take a hand by telling Chile that we shareholders will respond to Chile's highhanded violations of legal contracts by boycotting Chilean imports (such as fruit), tourism to Chile, etc. Just Google the Chile Embassy for address, phone numbers and email address.
    Chile needs to be hit in their pocketbook, just as we shareholders have!
    10 Apr 2013, 12:51 PM Reply Like
  • bigemac1
    , contributor
    Comments (3) | Send Message
     
    I sold them after being down 11k at $30.13 get out while you still have something , I just couldn't take the loses every single day , never any good news from these guys
    10 Apr 2013, 09:36 PM Reply Like
  • Japper1
    , contributor
    Comments (2) | Send Message
     
    Barrick does not own title to Pascua Lama. Check mate game over. This court ordered and signed off by chilian mine minister who is GOD.Barrick does not have title to Pascua Lame period..
    7 May 2013, 04:41 PM Reply Like
  • koge
    , contributor
    Comments (46) | Send Message
     
    I am surprised the regular media didn't report about abx not even owning the CHILEAN side of pasua lama mines.

     

    look up mountainstar
    Jorge own the mines in chilean court

     

    silver doctors had a piece on this actually.

     

    the regular media still ignores this.

     

    besides that abx will likely have to bribe the government harder to cover up the stories.

     

    note: abx board of directors owns the canadian press.

     

    I was actually expecting them to report ABX having their chilean mining rights revoked by the chilean court not on environmental concerns but because they dont even own it.

     

    but they down played it on all fronts.
    while targeting whom they want to target.
    25 May 2013, 09:04 PM Reply Like
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