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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 mellow1on Jan 31, 2016 12:24am
110 Views
Post# 24509725

RE:dear kinross , BUYBACK SHARES NOW !

RE:dear kinross , BUYBACK SHARES NOW !Regrettably, you have no idea what you are proposing. Why should Kinross buy back its own shares? Just to increase the price of the shares you hold? Have you any idea what this costs the company and what a waste of capital it is to buy back its own shares?  Just to raise the price for share holders? This is a stupid proposition, so stand down and sell, and go home. Hav you any idea about the history of this company? Any idea who the directors are? Check it out. The company is one of the oldest in this business - its directors are 5-star rated executives who do not need to boost the value of the company's shares by reducing the float. They are veterans of the mining business and millionaires many times over. They do not need to manipulate the value of the shares, as you have suggested. So, please stand down, go home, sell your shares and watch Cramer on TV, and buy something like Amazon or Facebook - you will be in good company - 'till the drop comes. Otherwise, be grateul you have found a veteran of the mining business, with a 5-star Board of Directors, and a portfolio of world-class assets and a billion dollars in cash. Peace and prosperity. 
Bullboard Posts