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Gold/Mining/Energy : Precious and Base Metal Investing

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To: yard_man who wrote (20396)9/13/2003 7:34:30 PM
From: The Vet  Read Replies (1) of 39344
 
Kinross - I am long as well but the 28 million shares NEM sold on Friday are expected to be resold to the public so it might provide a cap on the stock for a while, but then again I don't think the present owners would sell them for a loss....

Newmont said Friday it will sell 28 million of its 43.2 million Kinross common shares to a group of investment dealers who will resell the stock to investors.

stockhouse.com
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