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NYSE:HWD - Post by User

Comment by puma1on Mar 20, 2009 9:25am
417 Views
Post# 15858193

RE: RE: RE: RE: RE: kinross

RE: RE: RE: RE: RE: kinrossthe ugly paper only downside of the deal is that their current mining assets are on the books at some CDN$ 750 million.

if their share of the mine is now only worth CDN$450 million, i suspect someone is looking hard at a CDN$300 million non-cash write down of the mining assets.

i think this would freak out the markets when announced, but it really has no effect on the company.
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