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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 bob4977on Sep 08, 2012 10:29am
247 Views
Post# 20336847

RE: RE: shorting position

RE: RE: shorting position

Estebancaballo, I would not count on a pullback unless you are counting on the Fed doing nothing major at their next meeting. If they actually do some QE there will be an explosion in price and anyone remaining on the sidelines will be relegated to spectator because they most likely will be waiting for this mysterious pullback that never seems to pull back far enough. However, if there is no QE I could see a substantial pullback. I myself am debating whether I should sell some of my gold stocks in case of the latter scenario. I would not sell too much in case the former happens.

Bob

Bullboard Posts