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Kinross Gold Corporation Message Board

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  • GourmetDan GourmetDan Aug 3, 2010 11:16 AM Flag

    RED BACK SHAREHOLDER WILL VOTE NO

    I doubt that Paulson (as a $500MM stockholder) is going to let Tye do anything stupid. Either much higher gold prices are coming or there is much more gold on Red Back's properties, or both.

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    • "< Either much higher gold prices are coming or there is much more gold on Red Back's properties, or both. >"

      I think "both".

      Exploration has been very successful so far and there are many more acres to be explored.

      I am against this deal because I think the "leverage" of the exploration success will be diluted if RBI assets were part of a larger Kinross whole.

      (I am an RBI shareholder, not particularly excited to become a Kinross shareholder.)
      Nothing particularly wrong with Kinross, but I feel RBI has better profit potential on its own, and not "diluted down" into the greater "Kinross whole".

 
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