Take physic, pomp

Barrick (GOLD) confirms speculation on a Newmont (NEM) bid

NR just hit, here ya go:

Barrick Comments on Media Speculation

TORONTO, Feb. 22, 2019 (GLOBE NEWSWIRE) — Barrick Gold Corporation
(NYSE:GOLD)(TSX:ABX) today confirmed that the Company has reviewed the
opportunity to merge with Newmont Mining Corporation in an all-share nil
premium transaction. No decision has been taken at this time.
Enquiries:Investor & media relationsKathy du Plessis
Email: barrick@dpapr.com
Website: www.barrick.com

PS: Want my dos centavitos? If I were Mark Bristow, I’d be doing what I could to point out the weaknesses in my main rival for the top spot while bolstering my own company. In this case, by telling people ABX is studying a zero premium offer for NEM he’s saying that NEM’s buyout of Goldcorpse has brought weakness rather than strength to NEM. Just by floating this idea (and just after GG impaired its book bigtime in order to fit into the NEM offer price), he’s telling the world “hey look at how crap the NEM/GG deal is! Haaa haaaa, you people controlling the big insto money should flip over to Barrick now, before it’s too late!”.
In other words, this whole story is a smokescreen, part of the mindgames played at the top table. Bristow has just insulted Goldberg’s business acumen. Grab some popcorn, it’s BMO Miami next week.

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