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are you hearing anymore whispers from Teck or Newmont Oldgrey

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13/03/24

12:47

Post #: 72863936
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Originally posted by 1OldGreyFart: ↑

Atm barrick has free cashflow of about 700 million. They have a MC of about 25 billion. They actually had net income of about 3.7 billion but made a 3 billion dollar acquisition to maintain current production. For a gold miner ( one othe largest) it's actually pretty expensive already obviously if gold surges in price that will improve barrick as long as they cool their acquisition heels for a few years. That's hard to do with large gold miners though.

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are you hearing anymore whispers from Teck or Newmont Oldgrey

HCH Price at posting: 93.5¢ Sentiment: Buy Disclosure: Held
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