barrick watching idc, page-24

Barrack commenced the study on Kare about 14 months ago.
With gold kicking toward the $2,000 mark it was to be expected.
Big companies do this kind of study all the time, particularly when the subject asset has the POTENTIAL to grow significantly.
I don't think anything would happen unless IDC managed to find a big wad of Roscolite.
I am talking about a Zone VII style hit.
Barrack would be watching even more closely now that Tony Burgess is on board targeting potential bonanza Roscolite deposits around the C9 breccia pipe and the intersection zones of E-W north dipping faults and would have an obvious motive to pay close attention at Kare.
They need only (simply) ask the question “is this history repeating”.
Barrack missed out with Wafi Gopu big time and ended up with Kainantu for which they paid the same value as IDC’s entire current share script and ended up with a complete lemon.
Newcrest got Wafi Gopu and later, Lihir from under Barracks nose!