Barrick Mining: Don't Miss This Gold Mine Expansion And IPO Re‑Rating Story (Archive)

This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.

Elevator Pitch

• Barrick Mining is emerging stronger after resolving its Mali dispute, restoring a mid-teens share of attributable production and removing a major overhang on cash flow and jurisdiction risk.
• The high-grade Fourmile discovery in Nevada could add roughly 20% to Barrick Mining’s annual gold output towards the end of this decade or early next decade once fully developed.
• B stock trades at a discount to peers, partly due to riskier jurisdictions, and an IPO spinoff of Nevada, Fourmile and Pueblo Viejo assets could help unlock a higher multiple.
• Technical trends show Barrick Mining in a clear relative uptrend versus the S&P500, with no current signs of seller pressure, supporting a positive stance while the trend persists.

Read the full article here.