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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
Comment by mephistopheles93on Jun 11, 2012 11:58am
199 Views
Post# 19999585

RE: Correlation of GOLD

RE: Correlation of GOLD

1) GOLD price and Gold Mining Company such as Kinross or Guyana Gold ? why sometimes we see gold price increasing but the stock of gold companies decreases ?

In theory, the shares should rise multiple times percentage wise vis a vis POG, but the market never does what you expect. For example, some hedge funds were shorting shares and going long ETFs as strange as that sounds.

2) GOLD price and European crisis ? what if banks have difficulties ? is that means that Gold will go higher ?

In theory yes.

3) GOLD and US Dollar value ?

Usually they have an inverse relationship.What we have been witnessing is a bit of anomaly. Gold should be doing better with Europe collapsing. Instead of piling into gold, hot money has moved to the US$. The ugly truth is that the US$ is no better than the Euro.

I suggest you read John Exeter:

https://the-moneychanger.com/articles/simplex_munditis

Bullboard Posts