Post by
stockstarker on Apr 05, 2022 1:51pm
Sale of Russian assets
I think Kinross didn't have alot of options with regards to the sale of these assets. The assets were purchased by a Russian miner and the deal had to be approved by the Russian government. Take the money and run. Russia economical is going to be in a lot of hurt for a very long time I am glad Kinross has moved on. Cheers to a brighter future.
Comment by
tootall123 on Apr 05, 2022 4:43pm
https://kingworldnews.com/russia-holds-more-gold-than-us-russia-and-china-now-possess-a-jaw-dropping-32000-tonnes-of-gold/
Comment by
satchmo6 on Apr 05, 2022 6:47pm
lets hope the OLIGARCS were selling Puts and hedging gold
Comment by
satchmo6 on Apr 06, 2022 1:01pm
Kinross sold assets to the russians---before they were taken away, due to sanctions---my opinion