Our jurisdictions - another reason to love KL!Kinross got crushed yesterday. They beat consensus; however, per the article below, "Mauritania’s rejection of a key permit to expand a Kinross project, and a proposed mining code review in Ghana, dealt a double blow to the Toronto-based miner". Stock was down 12% back towards it 52 week low. Just imagine what will happen to the miners with operations in these regions if gold goes to $1500+. They will tear up every agreement and demand more money!
Just another reason to love KL. Its shares should be priced at a major premium given their jurisdications.
https://www.bnnbloomberg.ca/kinross-plunges-as-two-more-african-countries-seek-mining-payoffs-1.1074230