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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 Olympicon Oct 08, 2014 6:59am
273 Views
Post# 23008898

RE:Now worth only half what they paid for Tasiest

RE:Now worth only half what they paid for TasiestPerhaps Kinross management cannot catch a break - despite their recent diligence and cost/capital focus.  While there has been exceptional improvements in operations, cash flows, and balance sheet strength - management has not been successful in reflecting such improvements into increased value for shareholders.  

I too am amazed by the drop in share price.  Your comparison to the Tasiast purchase price is interesting.  

What is management to do to support shareholder value?  One thought, do you see value in a share buy back plan at these share prices?
Bullboard Posts