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Gold/Mining/Energy : Kinross Gold
KGC 24.34+2.4%Nov 7 9:30 AM EST

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To: Elizabeth Andrews who wrote (444)12/6/2000 7:30:57 PM
From: s.jennings  Read Replies (2) of 530
 
I'm looking for justification of the insider buying. I don't see insiders buying a potential "one-hole wonder". To me its more logically the permitting and financing of a proven deposit or the evolution of an exploration project into an economic deposit or significant reserve expansion at an existing mine or something of this sort that would indicate a solid increase in asset value. Could be a situation that is far enough along where the light is clearly visible at the end of the tunnel but all the T's aren't crossed yet so no official word.
Then again, maybe they're just bullish on gold and I'm wasting my time :-)
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