Yeah, they're all risks. I've been trading k, bought Wednesday and didn't sell yesterday, now I'm underwater by a few pennies - this was not in The Plan. But I'm fairly sure that Kinross will be around in five years, so it's no big deal.
William realised 7.7mil from cashing in, but I doubt they have it all today, or will have it long. The way I read the release it said 'We need the money now' .... Don't mean to hang around here and piss on the parade, but lately I've just been more aware of how many small producers and quality juniors there are out there, and many in better shape and perhaps - now this is just my own current opinion - better managed. Still have the few in the RRSP, can't get the tax loss on them and commissions would eat up a ridiculous percentage at this share price. I'll be watching, and getting back in is not out of the question, but not at this price and time. Hope it does well, though, there's been too many sad stories in this business already ...... cheers ..... marcos |
