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Gold/Mining/Energy : Kinross Gold

KGC 24.95

-2.0%

3:59 PM EST

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To: Douglas who wrote (283)	12/15/1998 12:31:00 AM
From: Peter Neidhardt	of 530

"With the move by PDG today,what do you think the chances are that Barrick goes after a Kinross or a TVX to reclaim it's position as North America's second largest gold miner." Hopefully Barrivk would go for TVX...personal bias. It would actually make more sense for Barrick to go for TVX seeing how they are in a better debt position than Kinross and will approach a million ounces in production once the low-cost Greek mines are up in running. Also, if I recall, TVX has some good long-life gold mines whereas Kinross/Amax's mines are mixed in their longevity.

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