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barrick buys out rio gold adventure

  1. kitto
    83 Posts.
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    22/02/08
    13:06
    Post #: 3384120
    wow.....$US1.7 billion in cold hard cash for gold venture!!!

    my understanding is that PGM already have partnership with Barrick locally. I guess this Barrick purchase shows that these guys are WILLING AND ABLE to pay up for attractive prospects.

    Anyway my fellow PGM holders, check out the following link for some interesting reading.

    http://business.theage.com.au/barrick-buys-out-rio-gold-venture/20080222-1tuv.html
    PGM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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