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Message: Grim

Re: Grim, Barrick Increase Stock Dilution

in response to by
posted on Sep 14, 2009 12:24AM

WOW... Barrick is in full blown painc mode to cover their bet for shorting gold. Obviously they have no other choice but to settle for mass dilution..

Barrick Gold Corp. (NYSE: ABX) increased its shares offering to $3.5 billion sending the stock price tumbling $2.35 to close at $36.95

http://markets.about.com/about/?GUID=10025653&Page=MEDIAVIEWER

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