African Barrick Gold Share Discussion Threads

[addison17] 05/3/2014 08:02

Abg still sniffing at 300p, but cant quite get past it.

[togglebrush] 03/3/2014 15:21

Comparison in Gold Miners circa 1330am
'
ABG______Up _4.1%____ 2nd of FTSE 350
RRS______Up _3.5%_____3rd of FTSE 350
CEY______Up _1.8%_____5th of FTSE 350
POLY___Down _8.3%_____Comparable Russian
POG____Down 10.2%_____Comparable Russian
'
Gold in Russia has taken the largest dip so far
Gold outside of Russia is leading the FTSE 350
'
Ukrainian Crisis is playing favourites

[sawadee3] 17/2/2014 09:37

Still stacks of oversold Goldies, be greedy chaps :-)

[karateboy] 15/2/2014 06:50

Production for 2014 predicted to be 690,000 ounces compared with 80000.......

[wookie77] 14/2/2014 21:16

grow up and buy Shanta Gold that is where the money is heading. production for 2014 80,000 ounces.....turnover x2 market capitalisation and low production costs.....it will be the share of 2014 mark my words....

[edjge2] 14/2/2014 19:09

that's parabolas

[p4ulinho] 14/2/2014 15:55

probably overbrought.

[yasharsad] 14/2/2014 15:47

What is going on. This has fked my day. Clearly doesn't look as good as it was. I'm -2k in loss. I was expecting better. At least no change if not any gain.

[p4ulinho] 14/2/2014 11:54

what happened there?

[sawadee3] 14/2/2014 08:33

The force is strong with ABG, fkn beauty.

Happy days chaps :-)

[edjge2] 14/2/2014 07:08

that's parabolas shal!

[shaf200] 13/2/2014 23:13

Correction to 3.35!

[edjge2] 13/2/2014 19:00

almost parabolic! Correction to 225?

[malcontent] 13/2/2014 16:41

have to admit this one has caught me out more than a little.
I wasn't expecting such a solid share price run and have been waiting for it to settle back to add to my holding bought near the bottom.
Alas it hasn't happened yet happen.

[pineapple1] 13/2/2014 13:35

Outperforming all the goldies.I wonder if the chinese are interested again.
Good to see some gold mining management teams actually doing what they are supposed to do which is to manage the business effectivley in good times and bad.
imho

[drewz] 12/2/2014 08:46

Watched Brad Gordon interview on CNBC this morning to accompany annual results.

He explained much improved costs per oz was due to costs being taken out, not higher greades being mined, and that there is plenty more to come through 2014-15, both in taking out overhead costs and improving mining costs.

Also, he explained ABG is still mining ore below the reserve grade so there is capacity for higher grade cost per oz improvement there too.

He believes analyst coverage rating ABG only a 'hold' is based on gloomy prognostications on forward gold price, and doesn't take into account ABG's operational improvements.

He says ABG will do much better over next 2 years, even in current gold price environment. (Said he doesn't predict future gold price).

Still a BUY even after past 3 months relative outperformance.

If you then factor in gold back above $1500 this year, there is plenty more gas in the tank here, back towards 400p.

[sawadee3] 05/2/2014 09:25

Despite the voltility, ABG continues to make the retirement pot sing.

Happy days chaps :-)

[hectorp] 04/2/2014 11:02

The miners index is rising, as has ABG recently ( but taking a hit today, not sure why, perhaps a rection to Randgold's share price?)

I am agraid Questor has a point, re. 'marginal'. However if gold moves to even $1300, ABG will rise rapidly. But I'm not so sure as I was about this company.

[pineapple1] 24/1/2014 23:32

Questor is about as good as TWinif.Do the opposite of Questor and you are assured of making money.
imho

[smurfy2001] 24/1/2014 22:20

Sounds like a strong sell. Check out POG instead.