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Bullboard - Stock Discussion Forum Kinross Gold Corp KGC


Primary Symbol: T.K

Kinross Gold Corporation is a Canada-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company’s projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast and Great Bear projects. Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska... see more

TSX:K - Post Discussion

Kinross Gold Corp > Gold reserves ideas
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Post by Goldenpou on Apr 02, 2024 1:58pm

Gold reserves ideas

This is great because now the gold reserves, inventory and equipment at fire sale prices are worth more for gold mines stocks than the current value of the the stock.In other words delisting could be profitable. There is an accounting message there for CFOs wishing to expand since building mines are many billions and 5-10 years to build. Now the mines are already built on top of the reserves.
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