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Thursday, 12/01/2022 4:10:52 PM

Thursday, December 01, 2022 4:10:52 PM

Post# of 19894
Very interesting interview from the CEO of Barrick Gold. He spoke about life of mine and some about what kind of assets they want to buy.

He made this statement: "I don't think there are any tier 1 assets that fit our criteria in Canada that fit our criteria, and that is you've got to be
more than 500,000 oz. for more than ten years in the bottom half of the cost curve." That statement caught my attention because from what
I thought I had heard Dan say in past statements those type of resources aren't even around anymore in Canada. I assume Dan meant NEW resource assets and not ones that are already being mined.

https://www.kitco.com/news/2022-12-01/I-don-t-think-I-d-be-sitting-here-if-we-hadn-t-done-that-Barrick-CEO-on-debt-reduction-over-M-A.html
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