Monday, February 8, 2010

Barrick Gold (NYSE:ABX) Up 5 Percent

Barrick Gold (NYSE:ABX) ended last week at a strong close at up 5.38 percent or $1.83 a share.

With some of their poor commodity trading over the last year, it does make you wonder why they are wasting their time with that when they have the opportunity of a lifetime to grow the company based on its core business.

Barrick will report earnings on February 18, and we'll get a good picture of their production performance at that time.

It seems they should only be focusing on two things now: increasing production and cutting their operational costs.

Why should they focus on or need to do anything else?

Barrick Gold

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