SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elizabeth Andrews who wrote (21339)9/28/2003 1:11:08 PM
From: E. Charters  Read Replies (1) of 39344
 
Kinross is the same sort of thing. Loads of money thrown at gold and expensive projects smeared over with high priced approaches. It doesn't always make the best profit. The underpinning are weak and the stock is an elephant that may not be able to step over a ditch.

Royal Oak was an extreme case of the same sort of bureacratic approach. All big time degrees and business pontifications. The wonder is that after 3 projects of the same sort of character that failed utterly, that people did not get the point. The large low grade, big company brave try just hid too many problems. Gold price of course did not help them out at all. But that is the point, they were not very agile where they?

I like simplicity and lots of margin, and more leverage of course. Asking to trust too much big biz hooey is aksing for another Enron/Royal Oak.

EC<:-}
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News