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Message: Barrick's Financials...

Barrick's Financials...

posted on Oct 30, 2008 04:09AM




PorteeOut this morning and it appears that they have some spare change...3.2 billion $$$$$$ available in the kitty...I'm sure we could find a small piece of swamp we KXL schlongs could sell them for that much cash...

"- The Company completed a $1.25 billion bond offering in September. This transaction enhances the liquidity of the gold industry's highest rated balance sheet with a cash balance of over $1.7 billion and an un-drawn credit facility of $1.5 billion at quarter end."...end quote..

That was at the end of October and they have been pouring gold since then..



Buying this morning if I can get in ..I can get in..but at what price..??

What ever price I get it at will look cheeap when it takes off..

Have a great trading day..



This is the 8 :10Am rtq...

CDN $ 81.57 0.00
*US Gold 767.60 13.60
*Lt Swt Crude 68.36 0.86





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