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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

Post by Kato5579on Dec 16, 2020 10:17pm
153 Views
Post# 32125527

Re:gold price on the move

Re:gold price on the moveGood luck with the US stimulus, those mothers couldn't agree on the type of toilet paper they can use, been bickering for how long now, and the shorts been eating the longs alive since $13 and change. I sold my trade position today on K with small profit, had way more shares than I should in my portfolio, still holding 13500 shares for medium term. With my luck the price of gold will probably shoot to $1900 and K at $10 the next couple days, after I sold 20000 shares today at 9.30 which I bought at 9.22. I was looking at five figure loss just 2 days ago. What I may be afraid is the stock price has already baked in this imminent stimulus deal. I have real time live ticker on stock trades and live gold charts. The shorts are so powerful trading the fricking 100 share lots all day back and forth to suppress the price, always 4 to 5 trading houses are working as a team. Without a substantial bump in gold price its unlikely much upward movement on price of K . Spread your money around. I will get rid the rest of my K shares if it hits 10.50-11 then re-evaluate. GLTA.
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