The thing we have to remember about Barrick is that they are slime-balls to begin with, so whatever they may say, has to be viewed with extreme suspicion.
If they were men of honesty and integrity,then you would have to take their opinions seriously.
These idiots could have easily taken over Novagold for around 19.00 or 20.00 a share and today would have looked like geniuses for doing it , but stubbornly stuck to their very disrespectful 16.00/share offer.
It's almpost like they will not take over anybody unless they steal it from them.
I believe that that is one of the major reasons ARU has not been taken over yet, the majors want it for a song and dance.
Yes the politics in Ecuador are not ideal but if politics were such a deterrent , why hasn't Barrick or anyone else bent over backwards to buy out Novagold which is located in a friendly political country??
Something just doesn't smell right....with the whole gold mining industry