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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 Mar 30, 2013 12:35pm
196 Views
Post# 21187549

RE: RE: RE: RE: RE: pog manipulation?

RE: RE: RE: RE: RE: pog manipulation?

I know your pain este. I managed to get rid of most of my pure explorers, mostly at a loss but not too big. When gold finally does turn the majors with the best risk profile will jump first. That will be your Yamana and Newmont and various others that I do not follow that closely. Kinross will most likely be on the second wave which are the majors with bad PR and smaller successful companies. The third wave will be the borderline profitable companies, the near producers and large deposits that have no mine yet. The guys that are drilling in moose pasture will be the last to rise but will rise the furthest. The problem with waiting for that last group is that they may go bankrupt real soon. If you are holding onto  a company in that last group you might look at selling. I sold one of those in that last group a month or so ago. I had lost over a third of my money but if I would have hung onto it I would have lost another third. Most of the companies I own do not have to go to the market for money. The ones that need money right away have a problem.

Bob

Bullboard Posts