Two Fish Calls For Barrick Gold Breakup

Two Fish Management is calling for changes in Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) through the breakup of the company by geographical region. Mike Morris, co-founder of Two Fish Management has exposure to Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) through its options holdings. In his letter to Barrick, CEO Jamie Sokalsky recommended Barrick Gold’s North and South American assets be split from the African and Australian Pacific holdings. Focus On Unique Needs Mike Morris feels the split would facilitate the mining company on the unique needs of each geographical region. He indicated that his proposal would help the company’s stock price double from the…