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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

Bullboard Posts
Post by vcrichtradeon Dec 10, 2011 11:16am
331 Views
Post# 19309876

K Facts (Read)

K Facts (Read)Kinross will see movement of 20-35% higher in the coming year as gold bullion rises. Where as juniors and mid-tiers are going to see the biggest gains. Companies such as Kinross, Barick and Gold corp are fairly valued and tied to the bullion. Where as juniors and mid-tiers have not been. Junior Stocks/Mid-tiers: If you look at the facts without any bias, the share prices should and will be much higher. I like this stock and couldn't agree more with those who see this stock moving higher. I make plenty of money buying stocks like this one when for no actual reason it has a large drop. Volume is a funny thing; if you buy a stock on low volume it is either extremely low or high. I follow what Roman S. Dubczak, Vice Chairman & Managing Director, Head of Equity Capital Markets has to say about gold and specifically junior/mid-tier stocks. He has said time and time again in the last few weeks that while as a group they have been punished and unjustifiably by the market over reaction and lower volumes in the market; there is no fundamental basis to justify it. He is very bullish for the gold miners and specifically the juniors and mid-level peers as he said "they will have the spotlight as gold continues to strengthen and will see a sharp correction and movement higher in the coming year. The price today is historical and of no genuine significance to where it will be going tomorrow. The Euro crisis may hurt other sectors, however gold miners and producers are going to benefit the most from a weakening of global currencies and from Q3 happening in the US and Q1 happening in Europe. Happy Trading. TOP 5 PICKS:(1) WTG (White Tiger Gold)- catalyst recent 150 million financing & update to resource estimates in Q1/2012,(2) CAN - catalyst 3.5 million allocated monthly drilling expenditures and holding over $100 million in cash/debt free, (3) SUE - catalyst bought NSF back and continues drilling to increase reserves, (4) LSG - catalyst drilling and updating resource estimates(5) Detour Gold - catalyst updating their resource estimates
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