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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 Apr 11, 2013 9:13pm
176 Views
Post# 21244633

RE: RE: RE: RE: RE: 4.20 or 8.00 shortly

RE: RE: RE: RE: RE: 4.20 or 8.00 shortly

SG,

The current price is not a true reflection of Kinross's value. The shorts have been trying to break K for a long time, and finally had some success due to the sector being weak. If it stays at these prices it's certain someone will make a bid, and if it languishes for any length of time you sit back and collect a nice dividend. If it made sense to buy at $8, it makes sense now. 

Bullboard Posts