RE:RE:RE:RE:RE:RE:RE:RE:I see Sprott and Kristina sill have their heads in the sand. Stockinsider225
Hello there. I love analogies, but yours couldn't be further from the truth. If someone read your post and didn't know any better it might fool them. You obviously don't understand the gold sector.
Kinross is very interested!! Don't kid yourself. They are successful because they make very calculated decisions and they are patient. They have a world business model. They do t just fork out billions because it's a good deal. That's not how the Gold mining sector is done. Most of the time it takes years to make a deal and they don't consider that unless it's proven. Do they pay more, YES. Do they care? NO. Why?
it's about value and less about taking chances.
It just has to make money.
Make sense?
Jr miners take the risk and find. Miners get to work the ore and sell the commodity.
It's like saying why doesn't Safeway buy their own cows and milk them and then sell it in their stores and get rid of the middle man. Why?..... It's not their business!!