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Kinross Gold Corporation Message Board

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  • whitesands_8 whitesands_8 Apr 29, 2011 3:28 PM Flag

    Is This Just A Bad Dream

    "Gold prices SHOULD NOT EFFECT a gold companies price!"

    Are you serious ? Now I don't think it's reasonable to think your stock should go up every single day and you see the "why is it down today" posts...however the gold price should absolutely affect the price...Look at the XAU and HUI back in the year 2000 2001...

    If the product a company is producing is going up in value the company should be seeing improvement in their profits and the stock should follow...In fact the gold price does affect the price of the stock... Bad management decisions can prevent that from happening which is what KGC is currently experiencing...

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