Barrick’s drill bit adds 111-million gold equivalent ounces at a mere $10/oz
The foundation of a real mining company lies in its reserve base, Barrick Mining highlighted during Wednesday’s quarterly results presentation when it displayed a slide that brought into sharp focus the far-reaching extent to which the company has managed to consistently and materially add to reserves per share that provide investors with increased long-term value. Most interestingly, Barrick’s exceptionally promising growth assets require neither new debt nor share dilution. (Also watch attached Creamer Media video.)
The foundation of a real mining company lies in its reserve base, Barrick Mining highlighted during Wednesday’s quarterly results presentation when it displayed a slide that brought into sharp focus the far-reaching extent to which the company has managed to consistently and materially add to reserves per share that provide investors with increased long-term value. Most interestingly, Barrick’s exceptionally promising growth assets require neither new debt nor share dilution. (Also watch attached Creamer Media video.)
