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Re: ash111 post# 2596

Friday, 02/24/2017 12:27:53 PM

Friday, February 24, 2017 12:27:53 PM

Post# of 2992
ABX $24 in a couple of months per this ABX just reported 2 weeks ago: We expect our portfolio to deliver a 10-15 percent return on invested capital through metal price cycles and, as such, all new capital spending is measured against a hurdle rate of 15 percent based on the Company’s long-term gold price assumption of $1,200 per ounce. 

We are at 1260 a/o today. ROY should be over 20% for 2017 

My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.