NEW DELHI: This may perhaps be the shortest love story for an investor of the calibre of Warren Buffett, who has reiterated many times in his career spanning eight decades that the holding period for a stock should be forever.
Buffett-led Berkshire Hathaway has sold $317 million worth of shares of Canadian miner Barrick Gold Corporation barely after a couple of quarters of buying them. The decision to sell the shares was as surprising as the decision to buy them.
Buffett has not shied away from ridiculing those who invest in gold, which he believes is a non-productive asset. So, his decision to buy shares of a gold miner, though not exactly similar to buying gold, made headlines in August last year, when Berkshire made the holding public.
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Vancouver, British Columbia (Newsfile Corp. - December 15, 2020) -
Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the Company or Precipitate ) is pleased to announce that Barrick Gold Corporation ( Barrick ) has mobilized two drill rigs to the Company s Pueblo Grande Project to commence an initial phase of exploration drilling. Barrick has also provided Precipitate an update on exploration activities conducted to date as part of its earn-in agreement (the Agreement ) whereby Barrick has the right to earn a 70% interest in the Company s Pueblo Grande Project located immediately adjacent to Barrick s world-class Pueblo Viejo gold-silver mine in the Dominican Republic.
Barrick has advised Precipitate that it will initiate a first phase exploration drilling program of up to 3,750 metres ( m ) in 12 to 15 holes testing targets within the area the Company delineated as the Lithocap Zone , located immediately west and northwest of Barrick s Pueblo Viejo mine. Barrick has ad
Precipitate Gold Corp. is pleased to announce that Barrick Gold Corporation has mobilized two drill rigs to the Company’s Pueblo Grande Project to commence an initial phase of exploration drilling. Barrick has also provided Precipitate an update on exploration activities conducted to date as part of its earn-in agreement whereby Barrick has the right to earn a 70% interest in the Company’s Pueblo Grande Project …
Precipitate Gold Corp. (TSXV: PRG) (OTCQB: PREIF) (the “Company” or “Precipitate”) is pleased to announce that Barrick Gold Corporation (“Barrick”) has mobilized two drill rigs to the Company’s Pueblo Grande Project to commence an initial phase of exploration drilling. Barrick has also provided Precipitate an update on exploration activities conducted to date as part of its earn-in agreement (the “Agreement”) whereby Barrick has the right to earn a 70% interest in the Company’s Pueblo Grande Project located immediately adjacent to Barrick’s world