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Barrick's bid for NovaGold: Deal of the century?

Submitted by cpowell on Mon, 2006-08-07 12:27 Section: Daily Dispatches

12:19p ET Monday, August 7, 2006

Dear Friend of GATA and Gold:

NovaGold shareholder Alan Leishman has written a detailed analysis of Barrick Gold's offer to acquire NovaGold. He concludes that the acquisition at the offered price would be "the deal of the century" for Barrick, helping Barrick to reduce its huge hedge book at a bargain price. You can find Leishman's analysis, "Barrick's Bid for NovaGold: Deal of the Century?," at Resource Investor here:

http://www.resourceinvestor.com/pebble.asp?relid=22356 [1]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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Source URL: http://gata.org/node/4297

Links
[1] http://www.resourceinvestor.com/pebble.asp?relid=22356