Much has been said across social media in recent days in relation to recent updated economics published by Barrick Mining (TSX: ABX) for an up and coming project in Nevada referred to as Fourmile that they expect to make bank on.
But while Barrick may have a bit of leeway among investors given the size of their operation, the numbers under this updated economic scenario don’t exactly add up. Yet few seem to be raising the question of just how they can claim the production profile they’re gunning for when the resources simply aren’t there.. Yet.
Curious yet? Lets dive in.
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