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Gold/Mining/Energy : Kinross Gold
KGC 25.32+4.0%10:38 AM EST
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To: s.jennings who wrote (441)12/5/2000 10:41:12 AM
From: Elizabeth Andrews  Read Replies (1) of 530
 
Yes. I think it needs 5 million ounces at 0.40+ opt Au open pit to support the infrastructure. I haven't seen anything recent. This is another case of a deposit going from a major to a junior. Usually not a good sign. The first junior company to take Goose Lake couldn't pull it off and ran out of money.
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