Barrick Gold Inc (GOLD)

[tootalljones]

don't laugh, btw, as this pattern would mirror the great gold bulls of the 1930s, the late 1970s, and early this century post 2001....where gold stocks went up 4 to 6 fold, and silver even more.....Will be interesting to see if any company can beat out Barrick's appreciation. I think not, merely because they have too many major properties they already own now, which have been drilled for 10 to 15 years already, waiting in the wings. Tier One projects inhouse.
2 years from now, when the share price is 80, Barrick will not have to scour the globe and pay 6 or 7 billion to buy an undeveloped drilled property, and then spend another 5 to build the mine. They already made that mistake 12 to 15 years ago.