Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Post by xxxsniperon May 06, 2011 7:46am
638 Views
Post# 18538694

Kinross share price

Kinross share priceThere are several things that should bode well for the Kinross share price in the coming weeks/months.
In general: with oil prices approaching 90$ per barrel pressure on production costs should be eased; massive US debt; US unemplloyment on the upswing again.
Specific to Kinross: while analysts/institutions wonder what other majors might still buy up, Kinross is viewed as being at the point of saturation--what you see now is what you get; Kinross is, for the most part, a gold producer and will not be affected by economic downtrends which tend to affect base metal demands; the last quarterly results suggest a turn towards a positive momentum trend as well.
A buyout candidate?, well maybe- but I do not hold my breath on this one. Although a joint sovereign purchase would an ideal and practical way for direct access to gold assets.


Bullboard Posts