Post by
auaghunter on May 07, 2024 7:00pm
Kinross beats in Earnings Good
Hi lts nice to see that they beat by a little bit. lt sounds like most operations are in good shape and l believe the average AISC is at around $1300 which with inflation seems reasonable maybe just a little high but l will take it.
l will follow the Great Bear property which will be interesting to follow in my eye. l just hope it doesn't cost to much to bring into production as only time will tell. l think the measured/indicated and inferred is now around 5 million ozs which is nice.
Anyways l like this company and hopefully we see a higher gold price by year end and if we do and they can keep the AISC close to $1300 than the margins will increase at a possible gold price of $2450-2550 by year end. Remember December is usually a very strong month in Gold and if the fed cuts in Dec. than that could really move Gold and Silver. Enjoy the ride and maybe buy more on dips as thats what l want to do. GLTA