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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: livefromnewyork who wrote (472)	2/3/2001 3:01:09 PM
From: Real Man	Read Replies (2) of 530

Perfect..... (for a serious move up in gold to start now). What? CRB is rising, profits are falling. Can you spell stagflation? A perfect environment for gold. POG stayed at post-Washington agreement high in most currencies. 1) Kinross has this pending issue with NYSE listing/delisting. NYSE does not allow penny stocks, so the stock is either delisted or reverse-split if it trades under $1 for 6 months. KGC spent 6 months under $1 now. I guess, this should not be "news" for anybody who knows what KGC means, but everybody is selling into the "news" anyway. If they would delist from NYSE, but still be listed elsewhere in the US, it would be a big positive. 2) Earnings are due soon.

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