sell off is very enticing We all remember not too long ago (2009) that Ford Motors was at $2, they didn't take any hand outs, and it rebounded within two years 8x past 17 bucks when things turned.
Are we looking at the same thing in the gold mining sector?
Kinross looks like a real bargain here, (there are others like centerra that are equally as salivating) very compelling share price, it will take time for the hedge and value funds to 'rebalance' and clean out all the sellers. After that, the company will probably be targeted to be taken over. Its too bad because it looks like they have some real world class assets that could make someone a huge potfull of profits.