Post by
stockstarker on Apr 11, 2023 3:26pm
Does Kinross need a dance partner, I say NO!
Kinross has gone through some ruff times over the last 10 years because of the former CEO Tye Burt who was completely incompetent who made so many bad decisions, being an x banker may explain it. Kinross has come along way since then. They are out of Russia which was an expensive lesson. They have made some good purchase acquisitions, mostly in North America. Despite what one poster said the Tasiast mine in Africa is making lots of money. They are paying a consistent dividend and buying back shares. The biggest plus is the price of gold itself. Gold is going up to record new highs because of the current world situation. So why would they even consider selling the company when they know the future looks so rosy and the past was so bleak. If Kinross did decide to sell the share price would have to be well North of $30.