Mining Stock Education
Barrick–Newmont Nevada JV, Permitting Risk, Royalties, and Mine Financing | Analyst Joe Mazumdar
What was said
that implies on 100% basis that four miles worth $5 billion, which is a 25% to 50% discount to what the analysts say. And so everybody looked at it and went, you know, Newmont got this cheap. And so Newmont stock went up, Barrick stock went down.