Bullboard - Stock Discussion Forum iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through... see more

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iShares 1-10 Year Laddered Government Bond Idx ETF > Kinross - sneaky, sneaky

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Post by Matchbox on Jun 04, 2004 6:11pm

Kinross - sneaky, sneaky

What better time to put out an NR than late Friday afternoon. Might as well let the games begin and get this over with soon. JUNE 4, 2004 - 16:58 ET Kinross Gold Corporation: Press Release TORONTO, ONTARIO--(CCNMatthews - Jun 4, 2004) - Kinross Gold Corporation (TSX:K; NYSE:KGC) ("Kinross") announced that it has acquired 205,000 common shares of Cumberland Resources Ltd. ("Cumberland") through the facilities of the Toronto Stock Exchange. As a result of this transaction, Kinross has acquired an aggregate of 5,642,500 common shares of Cumberland representing 10.37% of the issued and outstanding shares of Cumberland.

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Comment by Roundtrip on Jun 04, 2004 6:19pm

Thanks, I had not seen the NR yet. rt

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Comment by HansonEtridge on Jun 05, 2004 2:28am

Great. We know what they are up to. Bring in the moving trucks, let the Chinese get their cheap re-bar and let Kinross buy the rest of the shares for what they are really worth....over 5 bucks, maybe a lot more. Cumberland is one of Russ Winters 10 most likely takeouts. Should I go so far as to say that there is NO RISK buying Cumberland up to $4.00 ?

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