Kinross Gold Message Board

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Gold/Mining/Energy : Kinross Gold

KGC 27.49

-3.0%

3:59 PM EST

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To: Dave Inne who wrote (8)	6/10/1997 2:08:00 AM
From: tk	of 530

Kinross has a strong balance sheet with 200 million in the bank. The company has only been in existance for only for 4 years, During this period production has increased to over 500,000 ounces. I do agree that Kinross is a long term play, but I do believe that its prevoius bottoms will be reached. Kinross share price is down 25% from its high, TVX, ABX, PDG, RYO share prices are also lower by 25% or more. To single out Kinross, as a bad investment is unjust since Kinross charts will mirror all of the above companies. These stocks will all rebound, if gold edges higher.

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