Reasons Kinross will not write check Kinross shares are in the dumps, would you take there shares right now as a shareholder of Vit knowing that they could be worth 5.00 in 3 weeks.
K has law suits, problems in Ecuador with FDN which could result in a 680 million right off, porblems with other mining properties, Tasiest expansion.
even if K beats law suit which the judge has ruled to proceed they need the cash they have to proceed with their properties.
they have upped the dividend which costs them millions
Do you think VIT loyal shareholders who paid 80 cents a share would feel good knowing that Rothchild was hired to make a phone call to Kinross their largest shareholder.
all that compensation for a phone call i think not
why would VIT sell there other properties if they did not plan to mine the Eagle.
If a J/V is the way you do not want K shares so i say it will be some other company.