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    Barrick names North America team ahead of IPO

    Key Takeaways
    • Hey everyone, just read this interesting piece about Barrick naming its North America team ahead of the IPO: Link to article .
    • My initial take is that this is a smart move by Barrick.
    • Spinning off the North American assets while still retaining control for the long term makes a lot of sense.
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    Hey everyone, just read this interesting piece about Barrick naming its North America team ahead of the IPO: Link to article.

    My initial take is that this is a smart move by Barrick. Spinning off the North American assets while still retaining control for the long term makes a lot of sense. As someone who's been investing in the mining sector for a while now, particularly in gold and copper, I've seen how these specialized spin-offs can unlock real value. It allows for a more focused management team, which can be a huge plus for operational efficiency and investor confidence. Plus, if it means more transparency and direct exposure to those North American assets, it could be a nice addition to my own portfolio, especially considering my retirement goal is pretty heavily weighted towards stable, dividend-paying resource companies. I’ll definitely be watching this IPO closely, assuming the terms are right.

    What are your thoughts on this? Do you think this Barrick spin-off will perform well? Any of you invested in their previous spin-offs or similar situations? Always keen to hear the community's perspective on these kinds of strategic moves in the mining space. Are there any red flags I might be missing?

    3
    12 comments

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    Best Answer▲ 19 upvotes
    B
    barbara_white🏆Advanced (250-500k)
    This is interesting news for Barrick. I've been watching them closely since I moved a good chunk of my portfolio into physical gold last year, partly as inflation protection and partly because the equity market felt overvalued. The Tax Calculator at https://tax.goldirablueprint.com/?forum showed me exactly how much I could save on taxes by rolling over a portion of my old 401k, which was a huge push towards setting up my Gold IRA. As for Barrick, a strong North American team could stabilize their operations, but mining is always a wild card. I'll be looking at their debt-to-equity ratio and projected operational costs very carefully before considering any exposure here.

    Comments (12)

    18
    michael_anderson🏆Advanced (250-500k)Real Investorabout 1 hour ago

    Barrick's always been one to watch, but a North American team ahead of an IPO for that specific division? That's telling. I remember back in '08, everyone was clamoring for anything gold-related, and the majors were gobbling up smaller players left and right. This feels like they're trying to streamline for a specific market play, probably to capitalize on renewed interest in domestic mining. Just make sure the IPO isn't priced like it's 2011 again, or you'll be holding bags for a while.

    9
    charles_lewis💎Premium (500k-1m)Real Investorabout 1 hour ago

    Honestly, Barrick naming a North America team before an IPO might be good for them, but it means very little to my Gold IRA. These big miners can do all the M&A and restructuring they want; a solid physical gold allocation, especially metals in my direct control, still feels like the only truly uncorrelated asset when the real storm hits. Stocks are stocks, even if they dig up gold.

    18
    gary_stewart📊Growing (50-100k)about 1 hour ago

    I honestly can't get too excited about mining IPOs these days. Barrick's a solid company, no doubt, but I've been burned before chasing the next big thing in gold stocks instead of just sticking to the physical. There's a certain peace of mind knowing my gold isn't tied to quarterly reports.

    4
    susan_clark💰Established (100-250k)Real Investorabout 1 hour ago

    This is interesting, but honestly, after getting burned on a couple of junior mining stocks back in '08, I mostly stick to physical gold or the *very* large cap ETFs for my precious metals exposure. I just don't have the stomach for the exploration risk anymore, even if the returns can be great. My Roth Gold IRA is sitting pretty with GLD and some direct physical held by Augusta.

    17
    brian_edwards🌟Ultra (5m+)Real Investor✓ Verifiedabout 1 hour ago

    Interesting news, though frankly, the whole IPO buzz around mining companies these days feels a bit... theatrical, doesn't it? Everyone's rushing for a slice, but I remember when getting into a solid mid-tier like Barrick meant you were thinking long-term, not looking for a quick flip on IPO day. I've held Barrick for years, well before this latest gold surge, and while I appreciate the appreciation, I'm genuinely curious how many of these new entrants are prepared for the cyclical reality of this business. This isn't just a fintech startup; it's spades in the ground.

    7
    timothy_reed💎Premium (500k-1m)Real Investorabout 1 hour ago

    Interesting. I'm just getting started in the gold IRA space, trying to shift some of my portfolio (currently around $750k in traditional assets) here in Madison, WI. Is Barrick generally considered a solid play, or is it more for the speculative types? I'm leaning towards physical for now, but curious about the big miners long-term outlook.

    6
    paul_hill🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 hour ago

    This is great news, glad to see Barrick making moves to streamline their operations for the IPO. I remember when I was first looking at gold miners a few years back, trying to diversify my portfolio beyond just physical. Ended up going with a different major purely based on dividend history, but Barrick's always been on my radar. This could be the push to finally jump in.

    17
    andrew_roberts👑Elite (1m-5m)Real Investor✓ Verifiedabout 1 hour ago

    Reading this, I can't help but feel a little wary when major players like Barrick start shuffling the deck right before an IPO of a division. It often screams "optimize for the offering, not necessarily for long-term shareholder value" to me. I got burned on a similar move with a small energy company back in '08, watching them roll out a new 'dynamic' leadership team just months before their public offering. The stock popped, sure, but their post-IPO performance was abysmal. Are we seeing a similar play here, or is this genuinely a strategic move for growth? I'm curious if anyone else is approaching this with a healthy dose of skepticism or if I'm just too jaded from past experiences.

    6
    donald_nelson💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 hour ago

    Seriously? Another IPO from one of the big dogs? Makes me nervous, honestly. I remember back in '08 when everyone was scrambling, and the gold miners were supposed to be the safe bet. Picked up some AngloGold Ashanti and a few others. The ride was wild. Lost a good chunk before I pulled out and just focused on actual physical metals for my IRA. Hard to trust these big corporate plays anymore when the market volatility is so high. Now I just feel safer holding the actual stuff rather than relying on their management teams.

    19
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 hour ago

    This is interesting news for Barrick. I've been watching them closely since I moved a good chunk of my portfolio into physical gold last year, partly as inflation protection and partly because the equity market felt overvalued. The Tax Calculator at https://tax.goldirablueprint.com/?forum showed me exactly how much I could save on taxes by rolling over a portion of my old 401k, which was a huge push towards setting up my Gold IRA. As for Barrick, a strong North American team could stabilize their operations, but mining is always a wild card. I'll be looking at their debt-to-equity ratio and projected operational costs *very* carefully before considering any exposure here.

    1
    catherine_bell🏆Advanced (250-500k)Real Investorabout 1 hour ago

    Interesting to see Barrick positioning itself. Personally, I'm finding myself less swayed by the big mining IPOs these days. Call me old fashioned, but my direct physical allocation in Spokane has consistently outperformed the volatility and regulatory dance of even the biggest miners over the last five years. I've been burned before by the promise of future yields vs. the tangible security I hold.

    6
    donna_rogers🏆Advanced (250-500k)Real Investorabout 1 hour ago

    Honestly, still kicking myself for not getting into Barrick back when I was first looking at precious metals in my *gold IRA*. My 401k rollover was a few years ago now, and I focused more on established bullion then. Seeing them make moves like this just reinforces the value of having diverse holdings for *retirement savings*. Good to see some solid leadership being put in place for their North American operations.

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