Barrick has been dead money for ages now, todays news is no revelation to the market, they were in big trouble as soon as they decided to by a copper mine.

Their discution of the pascual lama mine is actualy a positive, because Exeter has 2 million more ounces of gold and would be equaly inexpensive ( using the silver to ofset mining cost ) and would cost half as much. As a plus with Exeter you don't have to deal with Argentina a very unfriendly mining country.

As to buyers, the chinese and russians are both aquiring as much gold as they can