Barrick Raising & Spending Billions To Drop Hedging (ABX)

[24/7 Wall St.]

24/7 Wall St. Daily News

Barrick Gold Corporation (NYSE: ABX) is going to be taking an action which has mixed results, and also has mixed implications for shares of Barrick versus the overall gold play now that the shiny yellow metal is hitting $1,000.00 an ounce.* The company has engaged a large syndicate of underwriters to raise billions in cash.* [...]

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