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Barrick (ABX) $ABX is the third party looking at Detour Gold (

Which means there won't be a sale. No way in the world does ABX pay up for a high cash cost miner.

Bloomberg wires with the news on this, I'll link as soon as Bloomie puts it on its public pages.

UPDATE: Okay, here's that linko. It starts this way:

Barrick Gold Corp. is the undisclosed gold miner who was asked to sign a confidentiality agreement alongside activist investor John Paulson to discuss potentially buying Detour Gold Corp., according to people familiar with the matter.