OTCQX:DMMIF - Post by User
Comment by
coquitlamon Jun 11, 2013 12:47am
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Post# 21509765
RE: RE: kinross dropping fruta del norte
RE: RE: kinross dropping fruta del norte I don't know how many of you are following Kinross closely since takeover of Red Back Mining/Tasiast for $7 bill.....huge mistake which destroyed Kinross shares value.....Kinross is probably walking away from Ecuador since they just can't afford to spent money developing Fruta and at same time building Tasiat, it was one or other and they likely decided to proceed with Tasiat....Kinross was hinting in Q reporting since new CEO was appointed that there is limit how much they can spend at this time....