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Gold/Mining/Energy : Kinross Gold

KGC 27.49

-3.0%

Dec 2 3:59 PM EST

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To: Eric Freeman who wrote (25)	10/18/1997 9:25:00 AM
From: Steve	of 530

I'll jump in with my two bits worth to keep you from going insane. The latest rumour, one of the many, at Kinross's Macassa mine is that Barrick is looking at buying Kinross, Kinross is looking at buying Armistice Resources, the management and geologists have been there four times to check the place out. Macassa now has its $3 million or so automated loading pocket working and now all they need to do is find more gold to pay for all that, and hope that another rock burst (it's that time of year again) in the shaft doesn't screw things up for them again, otherwise you might see it drop. Unfortunately, the management's right hand doesn't seem to know what it's left hand is doing at Macassa mine. I don't mean to be negative, but that is the word from the workers. Same as always. Steve

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