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Kinross Gold Corporation Message Board

  • pm_guru_1 pm_guru_1 May 7, 2012 2:29 AM Flag

    Chinese/Russian consortium will buy KGC

    Spending $12-13B will be chump change for them. They will fluff the Ecuadorians and get Fruta del Norte fast-tracked. They will get invest the capital needed to bring on all the other mines Kinross wishes it could bring around and they will own over 4% of the world's gold mine supply for $12B. Crazy that the market capitalization of the entire gold sector is less than 3 months worth of QE. LOLOLOL

    Keep selling and not buying morons. If you don't like Kinross because mgmt made a bad deal, fine, there are other great companies out their in the senior and midtier space, and many severely undervalued emerging juniors.

    Everyone is worn out, tired, and about to be sold out, and I am finally beginning to feel bullish again.

5.29+0.22(+4.34%)May 5 4:02 PMEDT