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Kinross Gold Corp T.K

Alternate Symbol(s):  KGC

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. Round Mountain is a long-life, open pit mine located in Nevada. Bald Mountain is an open pit mine with an estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. Manh Choh project is in Alaska, located approximately 400 kilometers southeast of Fort Knox. Paracatu is a long life, cornerstone operation located near the city of Paracatu in Brazil’s Minas Gerais region. It operates the La Coipa mine in the Atacama region and owns the Lobo-Marte development project, which is located approximately 50 kilometers southeast of La Coipa.


TSX:K - Post by User

Bullboard Posts
Post by playmakeron Jun 05, 2000 5:04pm
377 Views
Post# 2017949

My research/opinion on Kinross (good price)

My research/opinion on Kinross (good price)Correct me if I am wrong but I did a little investigating on this company and it appears that while it is not hedged as much as other gold companies (good with the POG now rising) it's hedges have been at $300 as opposed to other Gold companies with hedges of $325. There are two ways of looking at this...one is bad management/sales! Two is that the difference in hedges have kept Kinross underperforming against it's peirs and once the lower price hedges are completed, Kinross stock will outperform it's peirs when prices fall in line with other producers. I have decided to gamble a little money on this stock at it's current price. If you feel the POG is going to continue it's upward trend, Kinross is the one to own. If you feel POG will level off at current values, look at other gold producers in the short term as Kinross produces at $25 less than other gold companies. I do feel, however, that this has already been reflected in the current price! IMVHO.
Bullboard Posts