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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

Comment by MoonWatcheron Dec 14, 2020 12:35pm
118 Views
Post# 32100410

RE:Stock price

RE:Stock priceStrange thing is shorts have actually decreased the last couple of months, but Kinross just got dropped from the GDXJ which will provide some downward pressure. And those who want that tax loss have a couple of weeks left to sell, appears a bottom is near as it just hit the top end of the chart support in the 8.80s, the low end of that support though is 8.00, hopefully we do not see that.  We are at an inflection point, fed wednesday, gold correction long in the tooth, seasonality favouring gold and a load of stimulus to come by February.  Seems like a lot of noise, this cash cow is poised to move once the dust clears and gold continues its ascent to $2300.
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