Translation, here is hoping, wishing, to buy a few gold companies in South America with large reserve
WASHINGTON, May 30 (Reuters) - Barrick Gold Corp (ABX.TO: Quote, Profile, Research) on Friday said it may periodically sell up to $2 billion in debt securities.
The world's top gold producer said it plans to use the proceeds for debt repayment, subsidiaries, capital spending and investments, and other general corporate purposes, according to a shelf registration statement filed with the U.S. Securities and Exchange Commission. (Reporting by John Poirier, editing by Leslie Gevirtz)