- Barrick shares are trading at 15 year lows in spite of the fact that the gold price has risen more than 4X in value.
- While there are reasons to believe that there is an opportunity in light of this there continue to be risks.
- Even if you decide Barrick is a good bet there are simply too many other good ones in the gold mining space without the aforementioned risks. .
- Thus I continue to avoid the stock even at the current valuation.