Re: Gold Corp in a buying mood..
in response to
by
posted on
Jul 31, 2008 11:13AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
This morning I posted that I thought that Barrick was going to try to take us to the dance and this after noon this comes out...
Barrick Gold Corp. (TSX:ABX) was up 50 cents to $43.86 after a 22 per cent increase in second-quarter net income to US$485 million. High gold prices propelled revenue higher by 20 per cent to $1.97 billion. Barrick also said it has sold royalties on 77 properties to Royal Gold Inc. (TSX:RGL) for US$150 million.
If you don't think that Barrick is cashing up to go after some big gold reserves,being KXL...I think ....never mind..I was going to say something stupid..but I hope you can see my reasoning why I thing that Barrick would be the only one big enough to have a go at us...
I want cash for my KXL shares ...If I wanted Barrick shares,which I don't ..I would have bought them long ago....
Unless it is cash plus a Barrick share ..one:one...!!
Or Better..!!